October 2020
Beginner
400 pages
9h 48m
English
Content preview from Bookkeeping for Dummies, 3rd Edition
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Chapter 9
Paying Employees
IN THIS CHAPTER
Working through your payroll checklist
Signing up new employees
Understanding minimum pay and conditions
Paying employees their dues, and connecting with Single Touch Payroll
Chucking a sickie, heading for Bali, rostering days off, and more
Keeping a set of immaculate records (why not?)
Working with payroll, especially if you’re managing the payroll for any more than a handful of employees, is one of the more demanding roles for a bookkeeper. Not only is the bookkeeping itself very technical, but figuring out minimum pay and conditions for each employee also makes organising high school reunions look easy.
So in this chapter, I provide a straightforward introduction to payroll, talking up the business of taking on new employees, processing pays, managing Single Touch Payroll, calculating leave entitlements and keeping good records. I also ...
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