7. Finalise Pay Runs

Make sure that you finalise all pay runs with a date paid by 30th June, including any adjustment pay runs you have to create. If you lodge your finalisation event and then have to process adjustment pays, you will be required to lodge an amended finalisation event, so we strongly suggest you hold off on launching the finalisation process until you are 100% confident you have processed all pays for the financial year.

Important

The date the pay run is paid determines which financial year that pay run applies to. The finalisation event for the 2024/25 financial year will only include earnings, etc. from pay runs paid within that financial year. For example:

• Pay run period ending 29th June 2025, paid 30th June 2025; we will include in the 2024/25 financial year.
• Pay run period ending 29th June 2025, paid 1st July 2025; we will not include in the 2024/25 financial year.

If you want to include every day worked within the financial year, you might have to split a pay run. For example, a weekly pay run for a period ending 2nd July 2025, paid 3rd July 2025. Create a pay run as normal and set the pay period ending 30th June 2025, making sure you stipulate the date paid to be 30th June.

You will then need to adjust the employee's hours to reflect the hours worked for the 26th to 30th June and then complete the pay run. Then create another pay run for the period ending 2nd July 2025 and adjust the employee's hours to reflect the hours worked for the 1st and 2nd. Then complete the pay run using the normal date paid, being 3rd July 2025.