How does PayAgent work?

https://help.myob.com/wiki/x/CwTq

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New Zealand only

After activating PayAgent from within your MYOB Essentials business, complete your payrun in MYOB Essentials as usual.

When you finalise the payrun, PayAgent takes care of the rest, including:

• automatically debiting the gross pay from your bank account and crediting your employees with their net pay, • PAYE, Kiwisaver and child support contributions will be automatically paid to Inland Revenue by the 20th of the month, • and your Employer Schedule (ir-File) will be automatically filed before the 20th of the month for you.

Note that if a NZ national public holiday falls on your usual debit day or the day the wages get paid out, you will need to process a business day earlier. This will accommodate clearing periods as the banks won’t process any debits or credits public holidays.

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How does PayAgent work?