HELP SETTING UP PAYROLL

Vanessa_10085275
Vanessa_10085275 Member Posts: 32
edited April 2020 in Accounts Hosted
I'm in need of desperate help in setting up payroll so that I don't stuff up the fields
Can anyone please help?
Mostly setting up the payroll items so that I have linked everything correctly i.e. holiday pay, loading, super, overtime, etc etc

Any help would be much appreciated

Comments

  • Leisha S
    Leisha S Member Posts: 49 ✭✭
    edited April 2020

    Hey Vanessa,
    I'm no professional & I've fumbled my way through most of payroll. While we had an accountant set most of it up initially, but my 'bible' has been the "QuickBooks for Dummies" guide from Office Works (of all things!). Think it was about $30 & it's been my savour! Step-by-step instructions & if I've ever been in doubt, I've contacted Fair Work & referred to our award. My addition is 2012, but there might be a newer edition or something more Reckon branded by now (??). Sorry mate, I'm not much more help than that. Best of luck!
  • Vanessa_10085275
    Vanessa_10085275 Member Posts: 32
    edited June 2019
    Thank you Leisha, any help is great help :-)
  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited April 2020
    Hi Vanessa

    I can help but unfortunately I can't help until next week I am at a seminar for 3 days over the weekend.  I have been an accredited partner, am a professional partner and have been for 35 years.

    Kim@kwikbookbooks.com.au

    If you need to do it sooner, my best advice is to set up a payroll clearing account (or electronic clearing if paying via ABA).  the pays get created in the payroll clearing account and when paid from the bank they go into the payroll clearing.  This way you can reconcile and pick up any discrepancies.

    If you have employees on 38hrs & 40hrs & 15hrs PPT etc set up a leave accrual for each.

    Link holiday pay to each of the accruals, and do the same for personal leave.

    Holiday loading is not linked it automatically finds the $$ of holiday pay paid, set it up for the 17.5%

    send me an email of what staff & wages are required i.e casual, PPT, FT, hrs and I will try to anwer before I go away.
  • Vanessa_10085275
    Vanessa_10085275 Member Posts: 32
    edited June 2019
    Hi Kim, I tried emailing you last night however the email bounced back. I have a couple of other questions if you would be able to clarify. I really appreciate this. It's a great help. Thank you

     

    Taxes:

    Hourly pay

    Personal

    Overtime 

    Do I uncheck both the PAYG Tax & State Payroll Tax for all of the above?

     

    Overtime:

    Do I check, include in "every hour worked" leave accrual (I have this unticked) 

     

    TFN code: 2-TFT include in state payroll tax

    (I have this ticked)

     

    And lastly, why holiday & personal hours USED is not printing when issuing payslips?

    I've checked all the settings and have it ticked to print but it isn't!

     

    Thank you once again.

    This is as great help


  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited June 2019
    Hi Vanessa

    What is your email 
  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited June 2019
    Try my email again Kim@kwikbooks.com.au ... I can give you the chart of accounts setup. or 0429 305300

    Taxes:  (default) is best unless something special outside normal - the tick means it is taxed, so yes all listed are taxed. (leave Payroll tax ticked in case you ever reach the threshold).

    Overtime: do not include in every hour worked, leave is based on normal hours and is best set up as a rate per pay period, based on hrs worked per day, 7.6, 8, and full time or PPT - Do not tick reset each year - make sure you tick leave liability

    TFN code: 2-TFT is the normal first job tax code unless they have variations on their declaration - "state" none & no tick unless you are above the threshold for payroll tax in NSW.

    Payslips: leave used/taken is represented by $$$ in the YTD, not hours, only leave accrued that pay & total avail. prints on payslips.

    ** reckon emails from hosted not your email account - I highly recommend putting your own email after the employee email so you get a copy of everything sent from hosted, this is good for customers & suppliers - this is done with semi colon between  xxxxxx@xx;you@.
    Set up a rule in our email program and send them all to a 'from Reckon hosted' folder, if you need to refer or send copies they are all there.
  • Vanessa_10085275
    Vanessa_10085275 Member Posts: 32
    edited June 2019
    Thank you Kim, I'll save your details in case I'm in need of questions answered :-)
    This was a great help.
    Thanks again