Payroll & Bookkeeping Services – Do they need to cause always headaches for me?

If this is the question you are asking yourself when you need to process your employees` pays, then read on:

Processing of the employees` pays for some industries like the construction industry,retail industry or security industry can be quite challenging. You have 50+ employees working for you plus subcontractors and you always need to ensure you meet or exceed the FairWork award rules. This can be a very challenging task especially if you are not familiar with the award and the rules around it.

The set up of your payroll system from the start is the most important thing. If the set up of your employees is incorrect, your mistakes will keep repeating, so basically that is like building a house without a proper foundation. So, before you start processing any pay, ensure that all the information including the pay rates, tax obligations, leave entitlements… have been set up properly. If you are not a bookkeeper or an accountant, I strongly suggest to engage one at least in the set up process as the mistakes can be enormous.

Automation of your payroll – if you have not done this in your accounting system and if you are not using apps where employees can enter their hours, jobs where they work and what they are working on, then I can guarantee you are wasting so much money by paying your staff to do these tasks manually and not having a proper overview of the hours your employees spend when working on certain projects. There are many applications on the market that can simplify the entering of the employees` hours. For example, Harvest – great app for the construction industry; employees can download on their phone and enter the hours they are working and also what project they are working on. This can be a great report when you are doing the cashflow forecasting for your project as you will know the number of hours your employees spent on a certain project. There are so many apps on the market so choose the app relevant for your industry.

Paying your employees – The payment of the employees can be done by simply creating a bank file and uploading it in the bank. The days where business owners were paying their employees in the bank one by one are gone. It takes you one click to pay your employees when you are using the bank file.

So,stop paying your employees manually and start using the ABA file.

Call us now on 0450 051 061 and let us save you thousands of dollars in your business.

And we do not just promise, we deliver!