Single Touch Payroll: big accounting software companies have got your back

Posted by Kelly Morgan on 03-May-2018 09:05:41

 

Single Touch Payroll is almost here and will affect over 100,000 businesses who are paying 13 million employees from July 2018. A government initiative, single touch payroll (STP) is designed to simplify the reporting for payroll for those employers with 20 or more employees. While they currently only report on individual payments such as salaries and wages, PAYG withholding and super once a year at the end of the financial year, as of July 1, 2018 they will need to report this to the ATO at the same time they pay their employees.

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Topics: ATO, Xero, quickbooks, MYOB, Accounting software, Single Touch Payroll, Superstream, STP

Xero - Any Room for Improvement?

Posted by Kelly Morgan on 11-Mar-2018 09:42:00

Established in 2006, Xero is the New Zealand accounting software that has taken the Australian small business market by storm. Loved faithfully by its users it is a modern cloud software that has knocked off the long standing competitors such as quickbooks and MYOB.

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Topics: ATO, small business, bookkeeping, Xero, Payroll, CRM, quickbooks, MYOB, Accounting software