Anyone in the world can now pay their staff in Xero. Payroll in Xero offers a much more granular view of employee expenses for those with the right permission. Employee costs are the largest expense for most small businesses. For a small business, having this level of control over costs is essential to prosper and grow.
Payroll in Xero lets you generate payslips, create batch payments to make it easier to pay staff and manage your wage related expenses with all the associated compliance. Watch this video to see how it works – note that Payroll in Xero is available globally, but in this overview we’ve used some Australian terms.
When you next use Xero, make sure you give yourself the new Payroll Admin permission – only users with this permission can use these new features and see sensitive employee information.
If your business has a handful of employees or pay runs that don’t change a lot, Payroll in Xero is ideal for you. If you need a full payroll/HR system which handles things like tax calculations and leave deductions, then check out the great payroll add-ons which integrate seamlessly with Xero.
As well as Payroll we’ve even made time to add a few more features including:
- Invoice templates – additional custom fields
- Google Docs update
- Contacts – import updates
- Partner Edition – staff access to practice billing plans
- Global Partner Edition – new
- API – access to reports
For all the detail about this release have a look at our Release Notes.
As always, keep the feedback coming.