Making your Payroll Software payments

Create customized reports in your Payroll Software by Elite.

Now that your Payroll Software has been calculated, you need to pay your employees, the ATO, your Workers Compensation insurer and possibly your employee's superannuation funds. Elite Payroll Software makes these payments as easy as possible, by providing you with many options:

Making payments through QuickBooks , Quicken, MYOB, or Simply Accounting

If you use QuickBooks , Quicken, MYOB, or Simply Accounting to pay your employees, you can transfer your Payroll Software data using the Quicken , QuickBooks, MYOB or Simply Accounting export feature. You can then use Quicken, QuickBooks, MYOB, or Simply Accounting to create cheque for payments to employees, superannuation fund, the ATO, and any others.

Electronic payment options

 If you deposit employee pay directly into their bank accounts through Electronic Funds Transfer, use Elite Payroll Software to create an EFT file for transferring wages from the company's bank account to your employee's bank accounts.

 You can make EFT payments to the ATO using Electronic Funds Transfer (EFT) in the same way that you make Payroll Software payments directly into your employees' bank accounts using EFT.

 If your superannuation fund supports electronic transfer of superannuation details, use Elite Payroll Software to create two files to transfer superannuation EFT contribution details to the relevant superannuation fund. Elite Payroll Software will also create an EFT file that you can use, along with your banking software to pay the super funds electronically.

Manual payment options

If you prefer to make payments manually, or you require Payroll Software data to use with accounting software other than Quicken, QuickBooks, MYOB, or Simply Accounting, use Elite Payroll Software's reports to provide you with all of the information that you need:

 The Cash Payable report shows you each employee that is being paid a cash amount and the amount to pay them.

 The Cheque Payable report shows you each employee that is being paid an amount by cheque and the amount to pay them.

 The EFT Report shows you each employee that is being paid via a transfer to their bank account and the amount to pay them.

 The Banking-Print All report combines all of the above information. The cash transactions are shown first, followed by cheque transactions and finally by any EFT transactions.

 The Cash Breakup report shows you how much to pay each employee, broken down by the number of each currency denomination required per employee.

 The PAYG Tax Reports provide the information you need to manually write a cheque for payment to the ATO.

 The Super report shows you how much superannuation you have to pay to a particular super fund and for which employees.

 The Deductions report lists all of the deductions taken from employee's wages.

 Print Pay Slips that you can hand to your employees.

When must I make my PAYG payments?

If your annual withholding obligations are up to $25 000, PAYG withholdings must be paid quarterly, with payments made on or before the 21st day after the end of the quarter to which they relate. If you prefer, you can choose to remit payments monthly.

If your annual withholding obligations are between $25 001- $1 million, PAYG withholdings must be paid monthly, with payments made on or before the 21st day after the end of the month to which they relate.

If your annual withholding obligations are more than $1 million, PAYG withholdings must be paid each pay period, with payments made as follows.

 an amount deducted in any period commencing Saturday and ending Tuesday is payable on the Monday following the period.

 an amount deducted in any period commencing Wednesday and ending Friday is payable on the Thursday following the period.