How to Process a STP Final Event

How to Process a STP Final Event

Single Touch Payroll (STP) brings the benefit of not having to provide employees with Payment Summaries or submit a Payment Summary Annual Report (PSAR) file to the ATO.  Instead the user is required to run a Final Event when the financial year is complete to inform the ATO that the company has finalised and confirmed the figures for the employees.

14th July – Final Event must be processed by this date for every other year if submitting via STP

How to process a Single Touch Payroll Final Event

To action this in CloudPayroll, please:

  1. Log into CloudPayroll.
  2. Go to Tax > STP Update/Final Event.
  3. In the For Tax Year field, select the correct tax year.
  4. Click the Go button.
    The page now displays all employees processed through CloudPayroll for the nominated tax year.
  5. Under the Final event for tax year? column, select the employees to process.
    Note: You can select all by ticking the top box.

    Important: The employees to be processed must contain a tick in both boxes:
    • ‘Include in update’, and
    • ‘Final event for tax year?’
  6. Click the  button.
  7. Read the declaration:
  8. Click the Submit button.
  9. Ensure you see the 'Success Message' at the top of the page:


Your Final Event has now been completed. Your employees will be able to view finalised figures from within their myGov account.

    • Related Articles

    • Superannuation Payment Process

      On the chosen superannuation payment date (Superannuation > Superannuation Options), CloudPayroll sends a message to SuperChoice to debit the employer’s bank account. This process happens automatically at 2am (AEST). On the Superannuation > ...
    • Overview of the Timelogs process

      The Timelogs Process Time logs move in the following flow: Draft > Submitted > Approved > Accepted > Closed Time Logs are Created in the Employee Kiosk A person may enter the time they have worked in Timelogs in the Employee Kiosk. This entry is ...
    • Frequently Asked Questions

      Superannuation Guarantee is in increasing from the 1st of July, what do I need to do? When you open your first payroll, dated in the new financial year, CloudPayroll will automatically update the rates for you. The new rates applied to any payment ...
    • Salary Sacrifice

      Contents Introduction Payments that can be Salary Sacrificed Methods of Salary Sacrifice in Payroll Business Models for Salary Sacrifice Management Refunds of Salary Sacrifice Introduction The Treasury Laws Amendment (2019 Tax Integrity and Other ...
    • 2. Enter

      This article covers: Entering timesheets Printing payslips to PDF Entering leave in the pay run Bonus payments Back-pays Pay advances Termination pays Expense reimbursements Reinstating an employee Manual pays Overpayments and recovery Enter ...