Payroll updates for Australia
Xero has really taken off in Australia since we included full-blown payroll for Australian users in May. Since then we’ve had more than 7,000 businesses take advantage of it. There are a few little gems in this release based on feedback from our growing user base.
Multiple draft Pay Runs
If you’re using multiple payroll calendars you can now have a draft pay run open for each of them at the same time. This is perfect for those of you who have staff paid on different time frequencies.
Updates to Payslips
We’ve taken the first step towards making Payslips more configurable by letting you decide whether employment basis and annual salary details appear. This is currently at an organization level and we’re working on letting you configure them per employee.
New superannuation contribution type
We’ve also added a new Employer Contribution (RESC) superannuation type that lets you provide a contribution in addition to the employee’s earnings without having to first increase their earnings – much easier! There are now 4 superannuation contribution types.
- Superannuation Guarantee Contribution (SGC) – abbreviated as “SGC”
- Additional Employer Contribution (RESC) – abbreviated as “Employer Additional”
- Pre-Tax Voluntary Contribution (RESC) – abbreviated as “Salary Sacrifice”
- Post-Tax Voluntary Contribution (Employee) – abbreviated as “Employee”
We’re now working hard on timesheets for employees along with a new reporting framework that will give you a bunch more payroll reports. Better still, they’ll look just like the beautiful reports you know and love in the rest of Xero.
As always, love to hear what you think of these updates either here or over on Xero Community.
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