LAST WEEK, MYOB LAUNCHED a beta trial of its single touch payroll (STP) product, as it gears up for the July 1, 2018 compliance deadline.
Businesses with 20 or more employees need to have transitioned to the ATO’s Single Touch Payroll initiative by July.
Businesses with fewer than 20 employees have until July 1, 2019 to be compliant but for these small business owners and contractors the ATO has a new free app. Continue reading MYOB Launches Single Touch Payroll Trial Product
You could use a wages book
I RECENTLY SPOKE WITH the owner of a hairdressing salon who’s been in business for over 18 years (at various different businesses). This woman has ALWAYS used a manual wages timesheet system.
Our team are exploring typical rosters and problems which occur in the payroll processing, and as such, we’re also exploring all the different ways that wages are managed.
The manual wage processing that this hairdressing salon owner uses is very similar to this timesheet tracking system from the late 1890’s and she seems to be quite efficient at it. When I explore the process she uses I can see why business owners would prefer not to spend the money, but if things got busy or tricky and staff numbers are high and hours varied, then a computerised system is definitely more “systemised”.
Computerised Time Sheet Software
I wrote recently about popular time-tracking apps for Xero (also QuickBooks Online) and how they help you manage the time that you spend on various work projects as a professional service provider (like website design, marketing and even bookkeeping) and in the next couple weeks we’re going to explore time sheet management software like Tsheets and Deputy. Not only are they good for scheduling your staff but they can help you keep track of when they sign on and sign off for work.
I was recently talking with someone who uses Deputy as an employee and they described the experience like signing in on a bundy clock! The particular person I spoke to didn’t enjoy the regimen of doing it but it makes perfect sense from the business owners perspective so they have a very tight record of time worked.
Announcement: MYOB Payroll Course recently beefed up
If you’re an existing EzyLearn student who is interested in learning more about the more advanced, more complex areas of Payroll you’ll be pleased to learn that we’ve created and implemented the Advanced Payroll Course (Level 2) into the MYOB AccountRight Payroll Course package.
Here are the topics included:
- Set Up Timesheet Preferences
- Edit an Existing Super Payroll Category
- Create a New Super Payroll Category
- Add a New Payroll Category
- Edit Employment Classifications to Suit the Business
- Create Casual & permanent Employee in MYOB
- Enter Timesheets in MYOB
- Process a Pay Run
- Import Timesheets
- Process Payroll with Personal Leave included
- Create a New Deduction Payroll Category
- View Employee Leave Accrued
- Process Pay including Annual Leave
- Run a Payroll Entitlements Report
- Run a Payroll Journal Report
- Produce a Balance Sheet
- Record your Bank Details
- Record Employee Bank Details
- Process a Pay Run
- Create an Electronic Payment File
- Process Final Pay
Stay tuned for updates and additions of advanced MYOB, Xero and Quickbooks training content in the coming announcements.
Employer Recognised & Trusted Course
I was going through some enrolments from recent and past students with our marketing team and realised we’ve helped thousands of students from hundreds of different companies large and small, government, not-for-profit and industry organisations which help students retrain and up-skill if they are injured at work. That’s not to mention the thousands of students who do one of our courses to help them in their career advancement or to find a job.
Take a look as some of the employers who recognise and trust EzyLearn as their first choice for bookkeeping and office admin courses.
PS. I have some exciting new additions to announce from Ross Miller regarding the Workface Career Academy!
When a training course is not really a training course…
WE REGULARLY PARTAKE in competitive analysis so we can keep giving you top quality online training courses for the best value out there, and in doing so, I found an online offer for not just one, but THREE levels of MYOB — Intro, Intermediate and Payroll OR ALL THREE for $99.
Not mentioning any names; we’re not in the business of naming and shaming and, besides, you can search the deal easily enough online yourself, but it prompted me to put out a reminder that not all courses are created equal.
Not all training courses are the same
I guess it’s obvious to some degree, but many of us are still misled by marketing, and sometimes what’s packaged to the customer as an online training course, is simply a pile of videos (and not even featuring current and up-to-date software versions, either!) all plonked together. You know what, you can get this, and possibly more, directly off You Tube for free!
Using old versions of the accounting software
There are many online courses available for cheap prices, but many of these same courses are not providing training on the latest version of software packages. A quick scan of the fine print shows that this particular $99 MYOB deal is training you on Version 19 of MYOB. This dates back to 2010, which in any one’s language, is very old. Very, very old.
As part of our suite of online MYOB courses, we include access to our old “archived” courses where we use version 19 of MYOB; only for the benefit of those people who still use it and don’t need features like payroll, super and other added features that you’d expect to get after 8 or so years of software development.
What’s retail price anyway?
Another thing to be wary of is “retail price” comparisons. Plenty of these may be legit, but there are others out there who deliberately distort the truth or make a current cheap offer seem far more appealing by comparing their cheap price to a retail price that isn’t really indicative of what’s on offer out there online.
Make sure you’re talking “courses for courses” and that the retail price comparison isn’t looking at prices from half a decade ago or thereabouts. The price of online training courses is a forever shifting thing, so do your research!
What your online training course should include
In our books, an online training course that’s actually going to deliver results for you should come with these ingredients at the very least:
- A detailed workbook to supplement your training and absorption
- Knowledge reviews, quizzes and tests (so you can see how you’re absorbing information as you go)
- Certificate of completion option formally stating what you’ve achieved
- Case studies that keep the content based in real-world scenarios and ensure you’re learning things that will be practical in real-life circumstances and situations
- Responsive email and phone student support for all queries
- Money-back guarantee; if you’re not happy with the course content, or it’s not what you thought it would be, you shouldn’t be stuffed around in the fine print by not getting a full refund, (no matter how small the amount you’ve originally paid).
The training course should feature the training on the software as it is in its current version and this training, or training videos, workbooks, whatever, should be provided in an order that’s been carefully considered, trialled and tested.
Oh, and some testimonials by real people vouching for the effectiveness, quality and professionalism of the course content and course content provider is pretty important too. Then there’s CPD point accreditation, access to lifelong learning platforms, the option to get lifetime course membership to course content so you’ll always get updates at no extra cost and have an “after course resource” … yep, don’t get me started, courses simply ain’t all the same and you usually pay for what you get (though I think we’re super cost-effective by those standards!)
People say “if it sounds too good to be true, it probably is”. This isn’t always the case, and sometimes excellent opportunities in life seem, at first, too good to be true. But when it comes to online MYOB courses for $99 or $29 or $69 or whatever the probably-too-good-to-be-true price point is, just make sure you’re getting apples for apples, or courses for courses, or horses for horses, Mr Ed.
You can watch some FREE MYOB course videos? Scroll through our freebies list of online training videos that you can watch without charge or obligation and subscribe to our blog to get updates to more free videos as we’re adding them all the time. Or check out our special offers page to see what discounts we’re giving at the moment or online training courses in MYOB, Xero, Excel and many others.
Companies with over 20 employees should ALREADY be compliant
In July last year, EzyLearn published a couple of posts about SuperStream, the government initiative to improve the efficiency of Australia’s superannuation system, which all businesses with 19 or fewer employees must be compliant with by June 30 this year. As we’ve now reaching June 30, it’s important to ensure that you’re fully compliant with SuperStream, the government’s electronic system for sending superannuation payments to your employees’ super funds.
Continue reading If you have fewer than 19 staff you must be SuperStream Ready by June 30