01Salary CalculationWe help prepare payroll based on the agreed salary structure and relevant employee information. This can include basic salary, allowances and other applicable pay components.
02Wage Protection System SupportWhere WPS applies to the business, payroll information and salary payments need to be handled in accordance with the applicable requirements. We can assist with the payroll information and processing involved.
03Allowances and Additional PaymentsPayroll can include different components depending on an employee's contract and circumstances, such as allowances, overtime, bonuses, reimbursements or other approved payments.
04DeductionsWhere applicable, payroll calculations can account for authorised deductions and other amounts that need to be reflected in the employee's pay.
05Leave and Absence RecordsEmployee leave information can be incorporated into the payroll process where it affects salary calculations.
06End-of-Service CalculationsWhen an employee leaves the business, the final settlement may need to account for salary, unused leave and applicable end-of-service entitlements. We can assist with the calculations based on the relevant employment information.
07Payroll Records and ReportsRegular payroll records help management keep track of salary costs and maintain an organised financial record for the business.
Relying on outdated employee informationSalary changes, new bank details, leave records and employee status should be updated before payroll is processed.
Making manual calculations without reviewManual payroll work can increase the chance of calculation errors, particularly when there are several salary components.
Missing payroll changesA new employee, salary revision, allowance or approved deduction can affect the final payroll amount and should be recorded before processing.
Treating WPS as a separate afterthoughtWhere WPS applies, the payroll process should be organised with the relevant salary payment requirements in mind.
Delaying payroll preparationWaiting until the payment deadline to begin payroll leaves less time to identify and correct discrepancies.
Poor record keepingPayroll records should be organised so that salary calculations and supporting information can be reviewed when necessary.