By Kristen Emery-Oracle on Jul 26, 2016
Single Touch Payroll
At the first draft outgo ATO has released an understanding of the core function of STP – The Payroll Event. The payroll event allows businesses to report an employee’s salary and wage, PAYGW and super guarantee amounts to the ATO at the same time as they pay their employees. An update on the current state of affairs is detailed in our position statement that is made available on My Oracle Support, Document ID 2110574.1. We advise customers to review the position statement to keep up-to-date.