Payroll & Superannuation Solutions
Managing Payroll obligations can be quite tricky when you are unsure of the field. Firstly you have to know compliance requirements such as withholding tax amounts, superannuation, sick or carers leave requirements, annual leave requirements and long service leave requirements. Then you need to know how to accurately account for the accrual of leave balances, superannuation and generally recording payroll payments. You also have to accurately declare many of your staff’s payroll payments to the ATO, as well as pay the tax withheld.
The Accounts Agency can setup and/or maintain your staff payroll. We act as your own personal payroll team.
What we can provide:
Set up your staff payroll
Process your staff payroll and issue payslips for each payment
Accrue all required leave balances
Pay staff where applicable
Take care of your Superannuation obligations
Check tax is being withheld correctly
Prepare and issue your employee’s Income Statements at year end (the old PAYG Summaries)
Prepare and lodge the annual Single Touch Payroll (STP) finalisation
End of year Payroll/Superannuation reconciliation
Fix any ad-hoc issues in payroll with leave balances, incorrect reporting, superannuation issues etc
(Please note – we do not act as your HR team and are do not make decisions or give advice on National Employment Standards, which Award or level of an Award for a staff member and various other matters regarding Employment contracts, conditions and standards.)
