The deadline of 1 July 2019 for the implementation of Single Touch Payroll for all employers regardless of size is fast approaching.
If you are one of those steadfast Excel spreadsheet users to manage your accounting and don’t want to move onto a bookkeeping software you still need a solution for lodging STP returns if you pay staff.
Xero has launched a payroll only solution for small businesses with one to four employees, that lets them run the pays and lodge the STP return without the need to subscribe to the full suite software solution for other aspects like managing bills or sales invoices.
The new Xero Payroll Only plan is AUD $10/month and for businesses that haven’t use bookkeeping software for their payroll previously, it offers not only a simple way to be compliant with STP but a friendly, cloud-based way to easily run your payroll. It will help with calculating pay rates, provide employee access to request leave, submit timesheets and view their payslips online with the Xero Me app.
Love Your Books can help you get your new Xero Payroll Only setup correctly and train you how to use it with confidence.