- In the Employees section of Wages, select [Tools] in the top left
- Select [Financial Year]
- Select [Start New Financial Year]
- The financial year ending will read 202X, select [Save]
- A message reading “New Financial Year created. Would you like to adjust your employee’s superannuation rates?’’ will appear. Select [No] as the superannuation rate has not increased from 9.5%.
You are now in the Financial Year and ready to process your first payroll in July.
Note: You can view the previous financial year at any time by going to [Tools], [Financial Year] and selecting [View Previous Financial Year].