End Of Year Payroll Guide For Xero

Completing your end of year payroll obligations has never been easier in Xero. You just need to follow these four simple steps

Step 1: Complete all pay runs up to 30 June and ensure they reconcile with the general ledger. Post or cancel any uncompleted pay runs (as shown in the picture below).End of Year Payroll with Xero

Step 2: Check that each employee’s specific pay components have been recorded correctly in payroll.

Step 3: Run the end of year payroll payment summaries.

Step 4: Send end of year payroll information to the ATO.

Your finished until next year! Should you have any questions about our bookkeeping services or end of year payroll in Xero please do not hesitate to contact us.

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