You may have just moved to foundU this Financial year. And you may be wondering what happens with the year to date data from your previous provider.
The Australian Tax Office (ATO) provides the below guidelines, and at foundU we utilise the second option where your new foundU payroll system year to date is started from zero.
Where do I import the year to date from my previous payroll provider to foundU?
At foundU we utilise the second option to start your new payroll system from zero.
This means that there is no need to import Year to Date information from your previous provider.
However at the end of the financial year you may need to check with your previous provider if there are any finalisation steps that you'll need to complete for end of financial year.