ACR Business Systems have recently rolled out updates to our software that ensures your business complies with the Australian Tax Office’s (ATO) new Single Touch Payroll (STP) initiative. It is important that your payroll team are aware of these changes and in particular additional fields that have been added to the system.
Within Employee Maintenance an “ATO Payment Code” drop-down list has been added on the main screen, in front of the “Job Description” edit box. Modifying this field will auto update the “Job Description”. This new field is mandatory and upon installation of the new STP changes, the “ATO Payment Code” was initialised for each employee based on their existing configuration
Along the with the above changes there has been an addition of the “Tax File Number Declaration” section to the “Taxation” screen within Employee Maintenance, which your payroll staff need to ensure is filled out accordingly for each employee.
