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The Payroll area is where you pay your employees and keep track of their payroll information

Before you can start doing pay runs, there are a few setup tasks you need to do:

  1. Set up payroll. Choose your payroll settings, check your payroll linked accounts, set up superannuation payments, and set up single touch payroll.
  2. Set up your employees. Add your employees' personal, tax and pay information. See Adding an employee.

Example employee record

 

 

Pay your team

Once you're set up, you're ready to pay your team by doing a pay run. <product name> lets you fine tune each pay by including things like leave or splitting a pay between bank accounts or adding extras like overtime or bonuses

Throw away your calculator as <product name> works out everything. Tax, superannuation, deductions—all the bits and pieces that make up your payroll are taken care of.

You can print or email your employees' pay slips, so they'll know when they've been paid and how much.

Review payroll

After you've paid your employees, you can use <product name> to review your payroll with reports and past pays. Keep track of how much you're paying your employees and how much you need to pay to the ATO with the different reports available. You can also re-print pay slips from previous pay runs.

See Payroll reports and past payslips.

Past pay runs page

 

 

Superannuation

Using <product name>, you can keep track of how much superannuation you need to pay—it's calculated for you. 

<product name> is fully compliant with the ATO's superannuation requirements. This means that once you set up pay superannuation, you'll be able to make compliant super payments right from your MYOB software.

Payroll reporting

Report your payroll to the ATO each time you do a pay run. It's called Single Touch Payroll reporting (STP), and it means your employees' information in myGov is always up to date. And the icing on the cake—there's no more payment summaries for you to process at EOFY.

Once you're set up, you'll send a report to the ATO with each pay, then finalise things at the end of the payroll year.

Learn more about Single Touch Payroll and how to get set up.