e-PayDay + COSTAR Integration
The days of using Excel spreadsheets and paper slips for your payroll are becoming obsolete. However if this is you, don’t worry you’re not alone. But with the new laws and new solutions coming into to place on July 1st, now is the time you need to update your payroll processes.
You’ve got your current processes and you’re comfortable with it. You think it will take too much time, money and brain power to change to more modern ways of doing things. However, you need to understand the key benefits a modernised process will bring to your business. If you still manage your payroll with spreadsheets and paper – no matter the number of employees in your business – here is why you need to make the change.
Save Time and Reduce Errors
Looking at the hours your employees have written down on their time sheet and punching it into your Excel spreadsheets opens the opportunity for keying errors and general human error. By switching to e-Payday Payroll software you can minimise the time and level of mistakes along with potential employee disputes as you’ll have the confidence that their payslip is correct.
Have you heard of the Single Touch Payment Legislation?
Single Touch Payroll (STP) is a new way of reporting tax and super information to the ATO. When undergoing payroll, you now must process your employees’ tax and super information directly to the ATO for every single pay run.
With the implementation of direct payroll software or through a third party, this information will be sent on your behalf highlighting just another reason why it’s now time to make the change from spreadsheets to software solutions.
A promise from Microhouse is to stay ahead of the curve and in doing so we have sourced the perfect solution for your payroll woes. With the established partnership between COSTAR and e-PayDay, this offers you a completely compliant Single Touch Payroll solution. It can be run as a desktop program or through the cloud depending on what suits your business.
Don’t forget – Single Touch Payroll (STP) will be the standard requirement for most Australian businesses as of July 1st, 2019.
Find out more:
For more info checkout e-paypay on their website www.e-payday.com.au/