Inevitably, most businesses will have a situation where they have an employee who has filed a Workers Compensation claim. Recently this happened to one of our clients. After searching for ages as to how to go about processing the pay, we thought we would document this all here so you can follow these instructions. Normally, […]
How to process a Redundancy/ETP in Xero
Xero has come a long way over the last few years, and now offers the ability to process a redundancy pay in Xero and/or a redundancy with an ETP. Here is a worked example: Kate has worked for XYZ Pty Ltd for just over one year. Kate is made redundant and this is considered a […]
Xero and Single Touch Payroll – how will it work?
Effective 1 July 2018 all Australian employers considered a large employer (those with more than 20 active employees as at 31 March) are required to enrol in the Single Touch Payroll system (STP). If your business is a Xero user, here is the information you need to know: Xero has applied for a blanket deferral […]
Tax Table Update 2016 – What this means for #MYOB and #Xero Clients
We have been receiving many emails from our Xero and MYOB clients over the last few days about how your accounting software will cope with the new tax tables that were announced by the ATO in the last few days. These new tax rates will take effect on 1 October 2016. Its the first time […]
MYOB Payroll Categories – I am the only user but MYOB thinks there are other users in the file
Have you ever tried to edit a payroll category but when you click on the payroll category zoom arrow you get the following message “There are other users accessing this file”. And it is driving you crazy because you ARE the only user in the file! It is likely one of the two following scenarios […]
Do I need to update the MYOB tax tables for 2016-2017? Save Money!
You are a MYOB classic user (v19) and are wondering if you need to pay the annual cover subscription fee to get the updated tax tables which are available in v19.13 … OR you are using MYOB AccountRight version but you are not online, nor do you pay the monthly subscription. Do you need to […]
Xero Employee Portal | Xero My Payroll
Did you know that Xero has an employee portal where employees can: View past payslips Apply for leave Get a copy of their year end PAYG summary Ensure that personal details are correct Prepare and submit timesheets Setting up the employee portal is very easy. The first step is to issue your employee with an […]