The world of payroll can seem quite daunting. This can be an employer’s most complicated place to tread as it is filled with award conditions and compliance issues that can baffle even veteran bookkeepers.
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Once you have all of your information on hand and the correct paperwork completed by the new employee, this is where the headache stops from a processing perspective.
It’s pay day….. now what? Luckily you have already taught MYOB Essentials what to do!
Once you are ready to process a pay, all you have to do is check that the prefilled dates are correct (your MYOB software will intuitively know). Tick your employee and follow the 1, 2, 3 steps on screen. Your job is done.
Make sure you transfer staff wages to the relevant bank accounts and you have happy employees. More importantly, you can be happy that you have managed to do the right thing and pay the right rate. Well done!
Take the time to set up your payroll as it will help you run your business smoothly. Great online accounting software like MYOB Essentials can take care of payroll. Freeing up your time with MYOB Essentials means you can focus on other aspects of your business that you love.