Xero is a solution that brings ease in the process of payroll.
It is a seamless accounting online platform that is accessible from any device and at time period. To make your accounting processes smoother, Xero Payroll simplifies usage by creating a platform wherein no softwares are required to be downloaded nor any updates need to uploaded or installed. Even adjustments need not be made in order to run your system securely.
All calculations regarding pay, leave and other information are updated automatically into the accounts. This enables the employees to access their own account and view their pay disbursement history.
Reporting inland revenue is easier, all you need to do is:
- Pre-prepare and create reports for downloading
- Upload them into inland revenue system
- Ask the payroll administrator to manage all the data through XERO payroll
Seamless accounting via Xero makes business a pleasure.
WHAT EXACTLY DOES PAYROLL DO FOR YOU?
- Xero Payroll manages the business financial tasks and updates your accounts automatically
- Xero Payroll provides tools to
- Make employee salary disbursements easily
- Approve leave
- Tracking their working hours
- Employees are enabled with self-access from any device, to ensure transparency regarding their payslips, timesheets and leaves status and balance
- Just a click away, Xero Payroll can cover the superannuation for the employer
Apart from the benefits mentioned above, XERO is gold certified ATO for being superstream compliant. It has recently launched its single touch payroll (STP) service which allows employers with 20 or more workers to report salaries, wages, PAYG withholding and superannuation to ATO.
This in turn makes life simple and business more pleasurable and simple through the XERO payroll.
BENEFITS of XERO PAYROLL
- XERO provides a streamlined and intuitive solution, perfect for small business – a simple mobile friendly and real-time project management tool to manage all your accounts effectively from one platform.
- Access your business finances anytime from any internet connected device – mobile phone, tablet or desktop computer
- Easily assess your realtime cash position, know how you are doing financially with daily updates from your bank accounts and credit cards
- Collaborate with your accountant, bookkeeper and team.
You can invite your advisor to collaborate with you on your business in real time and also give your staff access to the areas specific to their jobs
- Get paid faster for better cash flow
- Easily create and send invoices with online payments
- Reminders for quicker payments can implemented with ease
- Protects your business data as Xero backs up your data and protects it with multiple layers of data encryption routed through secure data centres. A two step authentication as a additional protection is also available.
- Any sort of help and support required can be addressed by the support team which can view your data and provide advice and assistance via Xero
- Business budget of the project can be improved and critical insights can be gained
Thus the backbone of a successful smooth and seamless business is none other Xero Payroll.