If you run a small business and manage your payroll manually, you’re not alone but Single Touch Payroll is now here and it’s time to look at managing your payroll utilising software.
Manually managing your payroll may feel like a low-cost solution however it’s probably costing your business much more than you think. If you’re worried about spending money on a software system, there are affordable software solutions available and you will also find that these systems save you so much time and money.
Here are three reasons why:
Payroll is time consuming
It takes time to process employee hours and errors may occur. An online accounting solution gives you the option to have your employees enter their hours into an ap.
Time saving!
Single Touch Payroll is here
STP requires business owners to be reporting their payroll activity every time a pay run is processed. This requires an approved software solution.
Single Touch Payroll reports wages and salaries, PAYG withholding and superannuation directly to the ATO. Your employees can then access their payroll data via the my.gov.au website.
You need to comply.
Save yourself some money
An online accounting solution will save you a lot of time and our packages start at just $19 a week. Whilst you may think you’re saving some money without software in place, you will probably find that it’s actually costing your business money.
Affordable!
Book a Chat with us today or Contact Us to see how affordable and easy it is to have a software system in place.