Wednesday, 04 July 2018 15:58

Sage payroll products are now STP compliant

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Sage's payroll products are now STP compliant Sage's payroll products are now STP compliant

All of Sage's Australian payroll products are now Single Touch Payroll compliant.

Sage products with STP-compliant payroll functionality include Sage MicrOpay, Sage Payroll Online, Sage WageEasy, and Sage 300 Construction and Real Estate (formerly Timberline Office).

All of these comply with the latest (2018) version of the STP specification.

"Sage took all the mystery out of the new ATO reporting requirements and provided us with lots of information prior to set up," said Acco Brands payroll manager Denise Mitrovich.

"We are 320 employees in Australia. We opted to go early and the set-up was smooth and simple. Our first report to the ATO was successful and year-end was a breeze! It is now a simple step in the payroll process.

"Thanks to the team for the efforts in the background so payroll users can just get on with the job with no complications.”

Reckon recently announced that all of its current products support STP.

As previously reported, STP took effect on 1 July. Employers of 20 or more people are required (subject to certain deferrals) to report payroll-related tax and superannuation data via STP at the time of the relevant pay run.

If proposed legislation goes through, the scheme will be extended to employers of less than 20 people next year.

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Stephen Withers

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Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

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