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You can use the payroll feature to:

  • set up records for each of your employees
  • pay your employees
  • keep track of how much you’ve paid your employees and how much you need to pay to the ATO (Australia) or IRD (New Zealand).

By answering a few questions about your employees, MYOB Essentials will automatically calculate how much PAYG (Australia) or PAYE (New Zealand) you need to withhold from your employees’ pay, along with other amounts such as superannuation (Australia) or KiwiSaver (New Zealand).

Do the following to pay your employees:

Task

Description

Set up payroll

Choose which bank account you’ll use when paying your employees. This helps MYOB Essentials to automatically match your payroll transactions with the payments you make to employees. You can also choose options for emailing payslips to your employees.

Set up employees

Enter information about your employees. This information lets MYOB Essentials calculate the correct tax amounts and helps make your regular pay runs faster and easier.

Do a pay run

Check and edit your employees’ pay, review payslips and then record the payroll transactions. Once you’ve done this, you can print or email payslips and then pay your employees.

Payroll reports and past payslips

View past payslips and summaries of previous pay runs to help you keep track of how much you’re paying your employees and how much you need to pay to the ATO (Australia) or IRD (New Zealand).

Producing PAYG payment summaries

(Australia)

Create PAYG payment summaries for your employees and lodge them electronically with the ATO.