There is no requirement with Single Touch Payroll to create and print payment summaries for employees as everything is reported through STP to the ATO and your income statement is available in MyGov.
However sometimes there may still be a need to print a payment summary for an employee for different reasons. If this relates to a previous financial year it should be done in that Payroll year company.
If you create a payment summary in the current year company, it will cause a pop up message for the employee when creating timesheets going forward asking if you want to amend the Payment Summary (yes/no). This is because typically, before STP, you would only create Payment Summaries after YTD figures had been finalised.
If you do create a payment summary mid-year, you will get this message appearing when creating timesheets for this employee. This message will continue to appear until the end of year process has been run again. On the Tax Details page of the Employee Masterfile, you will also see a number 1 in the Payment PAYG Created and Printed fields, indicating a payment summary has been created and/or printed (the number displays as 0 if not created or printed).
If you have created a payment Summary for an employee in the current year and want to delete it:
Go to Payroll, Period End, Payment Summaries, Delete Payment Summaries.
From the Selection Options task area, Select Current year.
Click Delete (F9). The process will run, and at the end of the process a message will display saying how many Payment summaries were deleted. Note:
if the deletion was successful, in the Employee Masterfile, Tax Details tab, the value of the PAYG Created or Printed fields will revert back to 0.
If the deletion is unsuccessful, sometimes by changing the Starting Tax Year date in Setups, Payroll, Options, Payroll Options, Tax Details Tab may aid this situation. If you do this, remember to change the date back to the correct Start of Tax Year date.