Paying your employees

Paying your employees

Paying your employees

You can use the Payroll feature to process pays for wages and salary. Your AccountEdge software can also calculate overtime rates, allowances, union fees and other deductions, employer expenses, superannuation and entitlements such as holiday pay and sick leave, along with tax deductions.

In your AccountEdge software, the components of an employee’s pay, such as wages, entitlements and taxes, are called payroll categories. These are assigned to an employee’s card to calculate their standard pay.

Some payroll categories (deductions, expenses and taxes) determine what are known as payroll liabilities. These are amounts withheld for later payment to the appropriate authority or agency.

When you process pays, you can vary an employee’s pay by overriding the standard pay values, such as the actual number of hours worked and the number of hours of holiday leave taken. At year-end, you can print payment summaries for your employees to use at tax time. For more information, see ‘Starting a new payroll year’.

If you are concerned about employee privacy, use the security features to restrict access to this and other areas of your AccountEdge software. See ‘Managing user accounts’.

Before you can pay your employees, you need to set up your payroll. See ‘Set up payroll’.

In this section

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Creating payroll categories

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Creating employee cards

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Entering employee payroll information

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Processing your payroll

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Single Touch Payroll reporting

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Payroll liabilities

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Superannuation reporting

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Payroll tax reporting

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Processing termination payments

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Reviewing payroll information

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