When you move into June, WageEasy will display a pop-up message advising to address your Taxation Boundaries.
The warning will appear as soon as your PPE date or system date is in June.
Please do not ignore this message and address as soon as possible in early June.
This warning will continue to appear until you go to Setup, Preferences, Configuration, Period End, Taxation Year Boundaries and tick the Reviewed Tax Year boundary for the current financial year box.
To determine Taxation Year End Boundaries for End of Financial Year, you may like to reference the video attached or follow the steps below.
If the pays for the last PPE in June are paid to employees in June, or the first PPE date in July is paid to employees in July, no action is needed other than ticking the box that you have reviewed.
Date Paid is very important and must not be a date outside of the current tax year. The Australian Taxation Year is July 1, 2024 - June 30, 2025
You will need to change the Taxation Year Boundaries when:
The PPE date and the payment date are in two different months, i.e. Your PPE date is a June date and the date the money is paid to employees is a July date.
If you have determined that you do need to change the Taxation Year Boundaries for this financial year end, you can do so in WageEasy via:
Setup Menu, Preferences, Configuration, Period End, Taxation Year Boundaries. Select and Edit the current FY.
Example: The last PPE date for June is PPE Sunday 29/06/2025, but the employees will only receive payment on Tuesday 01/07/2025. The end date needs to be changed to 28/06/2025 (the day before the PPE date that will be paid in July). These figures need to go into next Financial Year 25-26
PPE Date | Payment Date | Change Tax Boundary |
29/06/2025 | 01/07/2025 | Yes |
If the pays for the first pay period ending is a date in July and are paid to employees in advance, i.e. paid to employees before the 1st of July, set the End Date to the July PPE.
Example: PPE date is Tuesday 01/07/2025, but payment is made to the employees on Friday 27/06/2025. You will need to set the End Date to 01/07/2025.
PPE Date | Payment Date | Change Tax Boundary |
01/07/2025 | 27/06/2025 | Yes |
Where multiple PPEs (i.e. Monthly and Weekly Pay Periods) are contained within the one WageEasy Payroll Database, i.e. a Calendar Month PPE 30/06/2025, processed and paid on 15/06/2025 and a Weekly PPE Sunday 29/06/2025, processed and paid on Tuesday 01 July 2025. In this example, the Calendar Monthly Cycle needs to be recorded in this current Financial Year, but the Weekly PPE cycle needs to be reported as the first PPE in the next financial year. The recommendation would be to change the Calendar Month PPE Cycle to be a Monthly Cycle that ends 28/06/2025 and then processed and paid to employees, as anticipated, on 15/06/2025. To align the Calendar Month, Pay Period Ending to be a Monthly Cycle, go to Setup, Preferences, Configuration, Pay Periods, Calendar Month Cycle, Edit to be a Monthly Cycle with a Pay Period End as 28/06/2025. In this example, Setup Menu, Preferences, Configuration, Period End, Taxation Year Boundaries, Select and Edit the current FY End Date to be 28/06/2025.
PPE Date | Payment Date | Change Tax Boundary |
Weekly 29/06/2025 | 01/07/2025 | Yes |
Monthly 30/06/2025 | 15/06/2025 | Change Monthly Frequency |
If changing a period end date for the taxation year, please consider carefully the date you are selecting. The system will not allow you to change the taxation year boundary end date a second time for the same Financial Year.
The Period End cannot be changed if you have already saved pays for the last pay period ending date for June or first pay period ending date for July.
DO NOT change the Period End boundary if the pay period ending date and the payment date are in the same financial year (in the same month).
Create a BACKUP before you change the Period End Boundary.
By default, the Period End Boundary will be 01 July – 30 June for each Financial Year.
This procedure is ONLY required in instances where either the Pay Period ending date falls on or before 30/06/2025 but the Employees are not physically paid their wages until July 2025, or the pay period ending date falls on or after 01/07/2025 but the employees are paid their pays in June 2025.
Once the Period End boundary date is set for one year, the following date then automatically filters through to be the Start Date of the next financial year.
Once a pay cycle (PPE) has been processed past the set Period End boundary date referenced in the Taxation Year Boundaries screen, these dates cannot be changed.