How to Correct Wrongly Finalised Financial Year
If you finalise your pays in the wrong financial year, you can correct them as per the below:
To correct the year ending 2024
- Process a new pay in the year ending 2024
- When submitting, ensure the 'final event' is NOT TICKED
- Select [New] for the lodgement file type
- Enter your name and tick the declaration
- Click [Send]
This will update the Year To Date (YTD) figures correctly for the year ending 2024. If a new pay was already submitted for year ending 2024, this would have updated the YTD figures.
Please note: If you are sending more than one update/replacement, please wait an hour until you submit another update/replacement. Or, until you confirm that the lodgement has been successful from the ATO business portal.
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