ePayroll Blog

 

Electronic Commerce Interface (ECI) is now closing.

06 / 6 / 2016

You are likely to receive a letter from the ATO advising you that the Electronic Commerce Interface (ECI) is closing at the end of this financial year. Electronic Commerce Interface (ECI) used to communicate end of financial year Payment Summary information will be replaced by a new interface called Standard Business Reporting (SBR).

What does this mean?
This new SBR method of communication to the Australian Taxation office (ATO) will progressively be used for all communication between businesses and government agencies. The intention is to have a more efficient and scalable communication platform that applies between and across agencies and business.

What do I need to do?
If you select us to manage your PAYG Payment Summaries, no action is required. Our systems will accommodate the new ATO requirements and PAYMENT Summaries details will be provided to the ATO through the required interface.

If you are producing your own PAYG Payment Summaries, you will need to provide paper details to the ATO together with an annual return.

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ePayroll has been providing comprehensive and integrated online payroll solutions to businesses across Australia since 2002. Our state-of-the-art payroll software is widely used - from your local boutique café to a medium sized organisation with over 100 staff. Every business knows that a smarter and more dynamic payroll system can increase organisational efficiency, which leads to higher productivity and effectiveness. Our online payroll programs and applications allow businesses to optimise their daily operations by reducing risky errors whilst boosting compliance and accuracy.

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