EOFY 23-24 - Step 3 - Configuring Dates and Settings for the next financial year

At this stage, we are assuming that you have successfully and correctly completed your final payroll and STP submission for the 23-24 financial year. As such, the only steps remaining are to configure your system for the next financial year:

1. Change payroll financial year dates
2. Enter Superannuation cut-off dates
3. [OPTIONAL] Update your pay and charge rates for the new financial year

Part 1: Changing payroll financial year dates

To start a new financial year, you will need to set your start and end dates, as well as your new Superannuation, cut off dates. 

Please note:  All of the above must be done prior to processing any payroll in the new financial year 

The change in payroll financial year dates is to be completed once you have finalised your final payroll run and submitted your final STP. To change the dates, you select Tools > Application Options

In the next screen, select the the + sign to expand the menu under Global

Once the menu has been expanded, select Payroll

Once Payroll has been selected, you will see your current payroll financial year dates displayed.

To change these dates, you overwrite the current dates with your new dates and select Save ( located at the bottom of the screen ). This completes the reset of your payroll financial year.

Part 2: Entering Superannuation Cut-off Dates

Once you have entered your new financial year dates, superannuation cut off dates need to be set to complete the rollover to a new payroll financial year. To set these dates, in your finance environment, go to Tools > Application Options

In the next screen, expand the + next to the word Global and then select Superannuation. You will then need to select click here to change Super Info

The next screen will then refresh and enable you to enter the cut off dates for each month in the new financial year.

1. Click Clear

2.  Once you have entered the correct week ending pay date for each month, you will need to select  update to save them (3). Please ensure your cut off date reflects the last Sunday (week ending date) that you will process and pay within the same month.