Choosing the software
There are many factors to consider when choosing payroll software:
- How many employees are there?
- Are there a lot of casual or part-time employees?
- Do you have a high turnover of casual labour?
- Do your employees work shift work?
- Are people entitled to a number of allowances?
- Are there special requirements for your business or industry?
- Does the time worked need to be tracked by job or project?
- Does the payroll need to be integrated into your accounting software?
What can payroll software do?
Most packages will:
- Store employee details and rate of pay
- Calculate PAYG withholding tax
- Calculate SGC superannuation
- Produce pay slips each pay period
- Produce summary or detail reports
- Produce PAYG Payment Summaries each year
Advanced packages may also allow you to:
- Transfer employee pays into one or more bank accounts
- Calculate pays for employees on shift work
- Calculate leave entitlements
- Report on leave taken
- Handle a large number of employees
- Handle multiple business entities
What about training and support?
Trainers and consultants who are accredited by the software suppliers have undertaken in-depth training and exams, and must keep up to date with their product knowledge. We are accredited in MYOB, Quicken and Pastel software.
Help is often required for activities that are carried out infrequently, such as producing the PAYG Payment summaries around 30th June. You must book early for assistance at this time of year.