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Year-End Payroll Finalisation Template

Download your free Year-End Payroll Finalisation template to personalize and use in your bookkeeping or accounting firm.

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Download Year-End Payroll Finalisation Template

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A preview of the templateYear-End Payroll Finalisation - AU CorePrep3 AutomatorsCheck STP Standing Authority is current. Update if requiredCompletedFLast payrun of the payroll year is completedCompletedPPayroll Clearing and any Electronic Clearing accounts are reconciledCompletedXEmployee details are up to date - DOB, TFN, address, termination date (if applicable)CompletedZReconcile payroll totals from wages file against Profit & Loss and Payroll Liabilities (Balance Sheet) reportsCompletedTFinalise2 AutomatorsCreate Finalisation Event per pay schedule as required in respective payroll platformReady To StartDue TodayR

About this template

This template provides a structured workflow for finalising year-end payroll obligations for Australian clients.

It includes tasks for reconciling payroll data, preparing final pay runs, reviewing year-to-date figures, submitting finalisation declarations through STP, and issuing income statements to employees.

Client Request tasks are used to confirm payroll details and request any final changes.

Work is assigned to payroll specialists and reviewed before lodgement, with automation to progress tasks and update statuses.

This template is fully customisable to fit your firm’s year-end payroll process.

This template is part of the Australian Core Collection. Core templates are simplified versions of existing templates. They are scaled back, medium-complexity templates, with a limited use of Client Requests, and a streamlined number of sections and tasks. They are designed to help you quickly get you started with, and derive value from, Karbon templates.

How to use this template

Add this template to Karbon

Get more out of this template by adding it to your Karbon Practice Management cloud-based software, including:

  • Time and Budget Estimates
  • Task Automation
  • Client Task Automation
  • Client Work Scheduling
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Karbon Practice Management

A preview of the templateYear-End Payroll Finalisation - AU CorePrep3 AutomatorsCheck STP Standing Authority is current. Update if requiredCompletedILast payrun of the payroll year is completedCompletedEPayroll Clearing and any Electronic Clearing accounts are reconciledCompletedNEmployee details are up to date - DOB, TFN, address, termination date (if applicable)CompletedCReconcile payroll totals from wages file against Profit & Loss and Payroll Liabilities (Balance Sheet) reportsCompletedIFinalise2 AutomatorsCreate Finalisation Event per pay schedule as required in respective payroll platformReady To StartDue TodayN

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How to customize a template

You can edit any saved template to fit your firm's specific needs. Before making changes, duplicate a pre-populated template by selecting it, clicking the "..." menu, and choosing Duplicate.

Common customizations:

  • Reorder or nest tasks
  • Add or remove tasks
  • Edit the client task email
  • Use or modify Tasklist automators

Read the support article to learn more.

About Karbon

Karbon is an AI-powered practice management platform for accounting firms, designed to streamline operations and support scalable growth.

Trusted by nearly 3,000 firms, Karbon boosts productivity by an average of 18% by uniting teams, clients, work, billing, and reporting in one place. With 30+ integrations and an open API, it’s fully customizable.

Learn more at karbonhq.com or book a demo to see how Karbon can help your firm grow.

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