Setting up Exo Payroll
Before you can enter any employee information and commence the preparation of your payroll, it is necessary to set up the payroll to handle your company's unique requirements. This requires not only setting the structure for your payroll(s), but also entering historical information, such as Gross Year to Date totals, annual leave entitlements etc.
Although some of this preparation may be handled by MYOB in the course of the installation and training, it is necessary for you, the user, to have an overview so that you may be better equipped to successfully understand your payroll system.
The Exo Payroll Setup Cycle
The Setup Cycle steps you through the process of setting up the various masterfiles that will be called on when pays are run. These masterfiles define the types of payments your staff may be eligible for during a pay.
The Setup Cycle opens automatically the first time you open a newly created company. From then on, the cycle can be accessed by selecting Setup Cycle from the Help menu.
Click on each of the steps in turn to perform all of the necessary operations for setting up your company.
- Step One: Payroll Setup
- Step Two: Add Allowances
- Step Three: Add Deductions
- Step Four: Add Departments
- Step Five: Add Cost Centres
- Step Six: Add/Edit Employees
- Step Seven: Load Year To Date Totals
TIP: The steps covered in this Cycle can also be performed by selecting the appropriate option from the Maintenance menu.