EOFY Checklist

Step

Action

Checkbox

Preparation End of Financial Year - 2025/2026

Step 1

Decide your actions for pay period ends that fall close to year end.

Step 2

Ensure you are using the latest version of WageEasy 8.1.2.

Step 3
Optional

Enter Reportable Fringe Benefits (optional if required).

Step 4
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Confirmation of Company Details.

Step 5
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Check of Employee Contact and Tax Details.

Step 6

Check of Reportable Super settings.

Step 7

Check Allowances and Deductions settings.

Step 8

Final report production & reconcile of YTD values.

Year End Processing for 2025/26

Step 9

STP Final Pay STP Reporting Event.

Preparation for New Financial Year - 2026/2027

Step 10

Backup Company Database.

Step11
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Update of Tax Tables to 2026/2027. (to be released late June 2026)

Step 12

Update of Modern Awards. (to be released week 1 of July 2026)

Step 13

Withholding for 27 fortnights/53 weeks (if applicable).

Step 14

Superannuation obligations for 2026/2027. Introduction of Payday Super.

Step 15

Backup Company Database.