Clarke McEwan Accountants
New STP products
The new STP payroll products have just rolled out for MYOB and this option may suit many clients with 4 employees or less.
By choosing to go on an STP compliant software you will not have to do your 2019 PAYG summaries the old way. This STP software includes the ability to send the ATO Year To Date information and will save you from being caught in the May or June rush. This period if often really busy and due to the new systems required by the ATO various issues or delays may occur.
If you would like to take up any of the new options (or the $15CDF Offer) Clarke McEwan can liaise with MYOB to setup the file for you.
Interested? Read on for details.
+ MYOB launched 2 new payroll products in Australia on 1st April 2019
+ Essentials Payroll: A stand-alone payroll only $10/month (limited to 4 employees)
+ Essentials Connected Ledger plus Payroll: $30/month (limited to 4 employees )
$10 Payroll only Product features:
· Process payroll for employees
· Keep and share timesheets
· Manage PAYG
· Flexible wage categories
· Automatically calculate leave
· Capture expenses and deductions
· Automatically calculate and pay super to your employees
· Automatically calculate payroll tax and receive automatic updates for payroll tax tables every financial year
· Report Single Touch Payroll directly to the ATO with 1 click
· Complete EOY payroll tasks
· Print or email payslips
· Employees can access payslips and timesheets online, or on mobile
Reports include:
· Journals
· General Ledger Details
· Past Pay Runs
· Payroll Summary & Details
· PAYG Payment Summaries
· Pay Items Report
In Tray features include:
· Save documents against banking and spend money transactions
· Clients can email documents directly to the software
· Capture receipts and automatically send to the In Tray via the app (coming soon)
Extra features from Connected Ledger + Payroll product ($30/m)
· Cashbook Features
· Save time and ensure accurate data by automatically importing bank transactions from your client's bank
· View, add, edit and delete accounts from the chart of accounts
· Client Dashboard - Drill down into your client's file directly from the dashboard & Greater coding efficiencies and improved workflows
· Additional Reports
· Budget Management
· Profit and Loss
· Balance Sheet
· GST reports
· Banking Reconciliation and Transactions
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