Mark as Final Event on the Actions: If no further employee payments are to be made during the financial year, the pay event can be marked as final. When an employer reports the finalisation declaration during the financial year, this replaces the employer’s obligation to provide the employee with a part year payment summary. Making this declaration will update the employee’s myGov display to show the STP information from the employer is final for the financial year. Pre-fill information will not be available until after 30 June
The option Is Final next to the employee’s name will be automatically ticked if the employee has been terminated in that pay run. You do not need to tick this option.