You don’t need to subscribe to expensive accounting software like Xero if you only have one or two staff members. Business owners have been processing payroll manually for years and these basics are taught in our BAS Course with the Ad hoc payroll spreadsheet.
I was speaking with a hairdressing salon owner last year and she mentioned that she uses the manual weekly pay tables provided by the ATO and a spreadsheet program to pay all her staff.
We use these pay tables to introduce students to the foundation concepts about payroll.
Every business owner collects GST and taxes on behalf of the ATO from the money they pay their staff. This money is a liability payable to the ATO as part of their quarterly or monthly Business Activity Statements.
As part of the BAS Course you’ll be introduced to the process to enter payroll transactions as journal entries.
It’s a great introduction to basic payroll skills and leads beautifully into the Advanced Certificate in Payroll Courses using QuickBooks, MYOB and Xero.
It's interesting how negative the sentiment is on Linkedin and Facebook when you start seeing…
Have you noticed the social media ads for Reckon, MYOB and Xero? It's 2 months…
Learning how to use Xero for specific tasks is easy. There are dozens of videos…
Office admin workers are the key employees which keep every business running, large or small.…
Join the Bookkeeping Academy as a member to improve your personal brand and get online…
Reconciling Your Accounts Daily Gives a True Picture of Cash Flow The king was in…