Don’t be fazed by STP Phase 2

Your step-by-step guide to get ready

Frequently Asked Questions

What is STP Phase 2 and why do we need it?

The expansion of STP, also known as STP Phase 2, will reduce reporting burden for employers who need to report information about their employees to multiple government agencies. It will also help Services Australia’s customers, who may be your employees, get the right payment at the right time. For more information about all the changes you will need to make in preparation please view the ATO STP Phase 2 employer reporting guidelines.

When will MYOB be ready for STP Phase 2?

MYOB is ready for you to begin STP Phase 2 reporting. There is a deferral with the ATO until 1 January 2023 so you will have time to prepare and transition to Phase 2 when you are ready.

Which MYOB products will be STP Phase 2 compliant?

STP Phase 2 will be compatible with:

These products will not be compliant:

  • Essentials (old) – existing customers will be migrated to the new Essentials over 2022 and be able to transition to STP Phase 2. We’ll contact you prior to your upgrade.
  • AccountEdge – Support for AccountEdge has ended from 1 April 2022 and AccountEdge will not be STP Phase 2 compliant. Please contact us to discuss your migration options.

Why does my AccountRight file need to be online?

You will need to complete the move to STP Phase 2 online so you can integrate with the ATO’s online services.

Many services including the ATO, and government services are moving their systems and processes online. MYOB will continually invest in developing our software to support this.

If your company file is offline (saved on your computer or a network server), you’ll need to put your company file online to move to STP Phase 2. Once online you can take advantage of the many additional online services.

What training will MYOB be providing on STP Phase 2?

We will be running STP Phase 2 webinars over the coming months, along with self-guided courses on MYOB Academy. Keep an eye on Resources & Training for more information.

Will all MYOB software automatically update to STP Phase 2?

You’ll still need to update some payroll information before you can transition. Follow the in-product workflow to move over to STP Phase 2.

If you are transitioning from another software, look out for our new feature where you can simply bring across your BMS ID which will make this process of transferring your payroll data a lot easier. (HINT: Ensure your Payroll Summary figures match your End of Year Verification report under STP Payroll Reporting before opting in to STP Phase 2)

Once I have completed the setup, will processing payroll change?

No, once STP Phase 2 setup has been completed, processing payroll and reporting for STP will remain the same as will EOFY Finalisation.

What happens if my payroll figures don’t match my STP Reporting figures?

Keep an eye out once your STP Phase 2 is live. We have a new update feature which will mean you do not need to do a zero pay run for each employee to reset figures to STP data.

What happens if I make a mistake in my pay run?

If you have filed your pay run, you will need to reverse and then complete a new pay run for the same period and refile. Please see the below help links to step you through this process.

Do we still need to lodge a Tax File Declarations once we begin STP Phase 2?

No, once STP Phase 2 has been set up, you will no longer need to lodge TFN Declarations, however you will still need to keep a record of the form where a hard copy form is provided.

Where do I find out about all the new ATO Reporting Categories (disaggregation) of wages?

Please refer to the ATO for further information on disaggregation of Wages – Expanding Single Touch Payroll (Phase 2)