^Login

Frequently Asked Questions

Authors
Category   Billing   Employee   Employee Settings   EOFY   Fingerprint Scanners   General   Glossary   Groups   HR   Jobs   Leave   Mobile App   Notification Config   Payroll   Payroll Rules   Reports   Roster   Security   Settings   Skills Matrix   STP   Super   Superannuation   Timesheet   VEVO   Xero

My Payrun Week 1 is saying it needs to be Week 53 but I am trying to pay for Week 1 of the new financial year?

Author Dylan Wong@Microkeeper
Category Payroll
Last Modified 02/07/2024

The payment date determines which fiscal year a payment belongs to, not the work period. If you pay on July 1st or 2nd for work done in June, it counts towards the new fiscal year for tax purposes. 

If your Payment Date is in the next fiscal year, your Payrun schedule will be displayed as 53 > 1 > 2 > etc.