Summary

You need to spread an employee’s ETP over two tax years by adding a related ETP based on the original ETP. If the original ETP has an ETP adjustment, then PayGlobal links the related ETP to the ETP adjustment. In both cases, the ETP cap amount for the related ETP is reduced by the ETP cap amount used in the earlier payment.

Pre-conditions

An original ETP record was created, confirmed and paid to the employee.

A termination transaction exists for the employee in a closed pay with a link to the original ETP record so the ETP record is closed and has a pay sequence number.

Process

1. Open the employee's original Employee Termination (ETP) record.
2. Right-click the record and click Add Related Payment.
3. PayGlobal automatically creates a new Employee Terminations (ETP) record and populates most fields with values from the original ETP.
4. Enter values into the related ETP record.

   Note: You could also wait until the next tax year to add the related ETP record.

5. Save and confirm the related ETP record.
6. Customise Transaction View so you can view terminated employees.
7. Open a manual pay.

   Note: You can also add related ETPs in a standard pay, but you have to ensure that the employee does not receive any extra transactions through payroll rules when you process the pay.

8. Add a termination transaction and link the related ETP record to the manual pay.
9. Process the manual pay.
10. Close the manual pay.

    PayGlobal updates the employee’s related ETP record with the manual pay sequence.

11. Run payslips and make payments.

    Note: Employers are no longer required to give an employee an ETP Payment Summary (even if the employee requests one). Employees can get this data from the ATO via their MyGov account as soon as their ETP payments have been reported to the ATO.