2022 EOFY Guide for MYOB Advanced Payroll
The following page is intended as a guide for users running EOFY processes in MYOB Advanced Payroll.
Note: The information contained on this page is intended to be a guide for using your software. It is not accounting, bookkeeping or payroll advice. You should seek advice or clarification from your professional advisor in respect of these matters.
MYOB have created a guide and procedures checklist which explains the compliance changes related to Advanced Payroll for the 2022–23 financial year.
For supervisors or payroll administrators who run end of financial year procedures, you’ll also find how to prepare for the new financial year in MYOB Advanced Payroll.
STP Phase 2 Transition
All MYOB Advanced Payroll sites must transition to STP Phase 2 before August 2022, however we do recommend transitioning before July 1st 2022.
The transition does not happen automatically. When transitioning to STP2, you need to review, update and validate your data.