Understanding Single Touch Payroll

The Australian government started an initiative called Single Touch Payroll (STP) that has changed the way businesses report employee payments. With STP, businesses now need to report payments such as salaries and wages, pay as you go (PAYG) withholding, allowances, lump sums,and superannuation, electronically to the Australian Taxation Office (ATO) at the same time as making payments to the employees. You will need to essentially report the payments after payroll has been processed. STP is based on pay period and concludes the payroll process.

The JD Edwards EnterpriseOne Australia Payroll system enables you to generate the payroll data XML file as a part of the payroll. This file meets ATO specifications for STP.

The system updates the STP data in the AU STP Employer Data (F75A700), AU STP Employee Data (F75A710), AU STP Employee Additional Data (F75A710A), AU STP Employee Termination Details (F75A710B) and AU STP Employee Data By Income Stream Type (F75A710C) tables.

Note: You need to engage with a Sending Service Provider (SSP) to deliver payroll reports to the ATO in the correct technical format or through a permitted technical channel.