Buy now pay later (BNPL) services are growing in popularity for many retailers. If you’ve been in store recently, or even online shopping as you go to click ‘proceed to checkout’, you might have noticed a poster or button that advertises how you can pay for your purchase in easy instalments.
Afterpay and PayPal are just two companies that provide BNPL options for customers. We’ve started to make all our MYOB, Xero and Excel courses available on PayPal’s Buy Now Pay Later platform: PayPal Pay in 4
The best part is that you can use the discount coupons to reduce the price of each course and then pay it on instalments!
Physical timesheets and all the manual data entry of employee scheduling is a hassle. Even with technology like email and text, it’s always a task to try and figure out who swapped shifts with who and coordinate a schedule that works for all your employees.
Workforce management software like Planday and Square Team Management have become popular alternatives. Planday is now owned by Xero, and Square Team Management is a service offered by digital payment company Block Inc. (formerly known as Square Inc.)
But which one should your business use? Let’s go through some of the main features you’d expect of a workforce management software, and see how Planday and Square Team Management compare:
Now that paying by card is the norm, retailers have needed to adapt to the cashless customer. If you’ve been to some local markets recently, maybe a sporting club canteen or even your regular café, you may have noticed that you’re tapping your card on a little white square instead of an EFTPOS machine.
Block Inc. – previously known as Square Inc – is a point-of-sale (POS) system winning over retailers and enterprises across the world. And it’s not just little white payment terminals, Square offers a range of technology and services that range from POS to payroll to inventory to marketing, AND, they recently purchased AfterPay!
Square integrates with Xero, and considering its popularity, let’s break down what Square is and how it compares to other Xero integrations like Planday.
Knowledge of payroll is an important skill for bookkeepers, accountants, business owners, and BAS agents. EzyLearn has payroll courses in multiple accounting software, but now we’re introducing a course that covers all of these payroll training courses in one place, and under one fee.
Xero My Payroll is a secure online portal that allows employees to submit timesheets, leave requests, view and download payslips, and manage their personal information. It’s not as powerful as some Workforce Management Apps but that is why Xero purchased Planday!
In June 2021 I announced a new Workforce Management Cast Study in development. In their most recent annual report to shareholders Xero announced the acquisition of yet another “integration” that sets it up to become the Sage of Small Business Accounting.
Sage and other ERM’s work on the basis of modules that provide a specific functionality but until now it was only really relevant for the big end of town. Now Xero will capture revenue from several apps rather than charge one price that includes everything. It’s going back to the days of Attache!
Xero is well known for purchasing apps which integrate with it and provide vertical integration. The best known acquisition in recent years is the purchase of Hubdoc for receipt capture. This made Xero compete directly with some of the other companies who’ve been doing this for a while like Dext (formerly Receipt Bank) and AutoEntry.
Well they’ve done it again in the purchase this year of Planday in Europe for staff rostering, attendance and reporting. But how will they compete with QuickBooks Online and KeyPay?
It seems to be the season for companies admitting that they’ve underpaid their employees. Bunnings admitted to underpaying employees for 8 years, Woolworths has underpaid over 6,000 employees, Celebrity Chefs have been caught underpaying and even the City of Fremantle will shell out half a million in back pay to underpaid staff!
The scariest news article I read was in the Sydney Morning Herald where dozens of small businesses were caught underpaying staff! It was revealed by the Fair Work Ombudsman as a result of audits they performed on cheap Sydney eateries which are EVERYWHERE! Here’s what you can do about it
The payment plan for the MYOB AccountRight COMPLETE Training Course package for $20 per week has proven to be popular and is still currently available. Better still we’ve just launched a payment plan for the Bookkeeping Academy COMPLETE COMBO – that means you can pay a low weekly fee of $20 and receive training on EVERY major accounting program in Australia, from Beginners’ to Advanced!
One thing is essential when you operate a small business with staff — that is your payroll obligations. I wrote about a hairdressing salon owner a few months ago who told me how easy payroll was to manage using a printed timesheet book. However, most tech-savvy people prefer to use software.
MYOB has recently changed their website and in particular their pages for the free trial software.
We’ve updated the FREE MYOB Trial (within our MYOB courses) so look for the link when you access your MYOB courses and use the free trial software to practice what you learn in the video tutorials and training workbooks.
While we’re on the topic of free MYOB software, did you know that we provide free training course samples for most of our online courses?
Xero is complicated, let’s be honest. I know that Xero tell you the software is beautiful and simple to use but in reality it’s accounting software and if accounting software was easy then everyone would have their BAS’s lodged on time and have no credit risk issues.
It also depends on what kind of past experience you’ve had with accounting and bookkeeping work, but there is a way to up-skill in Xero quickly.
One of the exercises in our Microsoft Excel Training Course shows you how to create your own staff roster, so we’re not going to do that here. Instead, we’re going point out the things you need to include in a staff roster.
Different employment types
If your business employs a combination of full time, part-time and casual staff, you’ll need to prioritise the full time first, then the part time staff, as by law, they’re guaranteed a certain number of hours each week — 38 hours for full time staff, fewer than 38 hours for part time staff.
Employee RDOs, leave
A rostered day off (RDO) is a day in a roster period that an employee doesn’t have to work and these can be paid or unpaid depending on individual agreements. Both full time and part time staff members will have annual and sick leave entitlements. Make sure you mark these up on your rosters. It’s not just easier to schedule the rest of your employees when you can see who’s working and who’s not working, but it’s also useful for the rest of your team to know this as well.
Depending on the modern award and the duration of the shift, certain staff members will be entitled to different kinds of breaks — two 15 minute breaks and one 30 minute lunch break, is common in retail, for example. Mark these break times up in your staff roster, so the staff member can see when they’re due for breaks.
Leave a column on your roster, so each employee can sign off at the end of each week to confirm they worked their rostered shifts. This is important, particularly if any of your employees ever claim a discrepancy in their pays due to shift changes, etc.
At EzyLearn we are constantly refreshing the content of our online training courses. Where possible, we draw on real-life case studies as examples, to help you learn, and apply your skills, in a relevant way that makes sense. Visit our Micro Courses page to learn more.