Payroll
The employment law is unarguably the most important piece of legislation in Australia. It is governed by various acts and laws relating to Fair Work, Superannuation, Payroll Tax, PAYG Withholding etc. Heavy penalties are levied for non-compliance of any of these acts and it becomes very difficult for a business owner to stay in loop of all the changes in Australia’s employment laws. Outsourcing your payroll function to ZX can change that.
At ZX, our team of payroll specialists can take care of your entire payroll function. They make sure that your organisation adheres to the reporting and compliance requirements of all employment laws. Efficient payroll function enables timely payments, which in turn keeps an organisation’s stakeholders happy, including employees.
Payroll
The scope of our work includes
- Periodic Payrun Processing
- STP Lodgement & Finalisation
- Calculation of PAYG Withholding Liability
- Calculation & Payment of Employer Super Guarantee
- Creating Batch Payments for Net Wages Payable
- Providing Payslips to Employees
- Calculation of Leave Balances & Provision
- Rostering / Time Attendance
- Award Interpretation
- Integration of Payroll Software with Bookkeeping Software
You’ll need to provide
- Periodic Timesheets
- Employee Personal Details
- Employee Leave Details
- Other Employee Details
- Roster Schedule
Reports we provide
- Payroll Summary Report
- Leave Balance Report
- State-wise Payroll Tax Computation & Annual Reconciliation
- Employee Payslips & Payment Summaries
- .aba File for Batch Payments to various employees
- Payroll Accounts Reconciliation Report
- Super Guarantee Payment Report