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Setting up payroll in xero. How to do payroll in Xero

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Set up Single Touch Payroll – Xero Central.Prepare for payroll – Xero Central

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This article is for small businesses who use Xero. Add payroll to your Xero subscription xero. Next we recommend you take the following setup steps before processing your employees first pay run:.

Check out how you pay your employees from your bank account using the payment file generated after each pay run. If you’re responsible for setting up payroll in Xero, you’ll need payroll admin access from either:. Subscribers already have payroll admin access, and can start setting up payroll now. To set up an existing Xero user with payroll admin access:. If you’re responsible for managing payroll, but aren’t set up in Xero, you’ll need to get added as a new user with payroll admin access.

Opening balance date. Decide which is the first full month you’ll use payroll in Xero. Payroll accounts. Organisation’s wages payable and wages expense accounts. Inland Revenue. Pay calendars. Optional Public holidays — to pay employees for public holidays. Pay items. Earnings, leave, reimbursements, deductions, statutory, and superannuation eg KiwiSaver that make up your employees’ pay. Optional Company Logo. Optional Xero tracking categories.

If you want to produce payroll reports based on employee groups. Employee personal and contact details. Email address — to invite them into Xero Me to view their pay information, and submit leave requests and timesheets.

Employment information. Tax information. Opening balances as at the opening balance date. Required if you paid employees in the 12 months before switching to Xero payroll. Optional Pay template information for each employee. If any employee has recurring pay items for each pay run, such as statutory deductions. Now that you’re payroll prepared, you can add payroll to your pricing plan and then:. Ask our community of customers, accountants and bookkeepers.

Skip to main content Search icon Search Xero Central. Overview Collect all your organisation and employee information, then get payroll admin access before you set up payroll in Xero. Next we recommend you take the following setup steps before processing your employees first pay run: Get payroll admin access added to your profile see below.

Collect organisation and employee information see below. Add tracking for expenditure using employee groups or timesheets. Set up your organisation including your payroll accounts, tax settings and opening balances.

Add pay calendars and holidays groups. Enter pay items earnings and deductions that might apply to all employees. Set up superannuation. Add employees. If you’re responsible for setting up payroll in Xero, you’ll need payroll admin access from either: The subscriber who set up the Xero account A person with manage users and payroll admin permissions Subscribers already have payroll admin access, and can start setting up payroll now.

To set up an existing Xero user with payroll admin access: Click on the organisation name, select Settings , then click Users. Click the name of the person responsible for managing payroll.

Select the Payroll admin checkbox. Click Update permissions. Opening balance date Decide which is the first full month you’ll use payroll in Xero. Payroll accounts The bank account you’ll use to pay employees Organisation’s wages payable and wages expense accounts PAYE liability account Inland Revenue Employer IRD number Employer company size Pay calendars Pay period frequency Weekly, Fortnightly, Half-Monthly, Four Weekly, Monthly Optional Public holidays — to pay employees for public holidays Pay items Earnings, leave, reimbursements, deductions, statutory, and superannuation eg KiwiSaver that make up your employees’ pay Expense or liability account for each pay item Optional Company Logo Upload and show on payslips Optional Xero tracking categories If you want to produce payroll reports based on employee groups.

Employee personal and contact details Contact information and home address Date of birth Email address — to invite them into Xero Me to view their pay information, and submit leave requests and timesheets Optional Emergency contact information Employment information Start date Payroll calendar the employee belongs to Salary or wage details Leave and accrual details Employee bank account s Tax information IRD number Tax code KiwiSaver contribution rates ESCT rate Opening balances as at the opening balance date Required if you paid employees in the 12 months before switching to Xero payroll Optional Pay template information for each employee If any employee has recurring pay items for each pay run, such as statutory deductions.

What’s next? Now that you’re payroll prepared, you can add payroll to your pricing plan and then: Set up your organisation with payroll by assigning account codes and bank accounts Set up tracking categories so you can monitor your payroll expenditure. Still have questions? Start a discussion Ask our community of customers, accountants and bookkeepers. Contact Xero support Raise a case with our support team.

The bank account you’ll use to pay employees Organisation’s wages payable and wages expense accounts PAYE liability account. Employer IRD number Employer company size. Earnings, leave, reimbursements, deductions, statutory, and superannuation eg KiwiSaver that make up your employees’ pay Expense or liability account for each pay item.

Upload and show on payslips. Contact information and home address Date of birth Email address — to invite them into Xero Me to view their pay information, and submit leave requests and timesheets Optional Emergency contact information.

Start date Payroll calendar the employee belongs to Salary or wage details Leave and accrual details Employee bank account s.

 
 

How To Do Payroll In Xero | Liston Newton Advisory – All answers (1)

 
Set up payroll accounts and tracking · Click on the organisation name, select Settings, then click Payroll settings. · From the Organisation. Click on the organisation name, select Settings, then click Payroll settings. · On the Organisation tab, select your payroll accounts. replace.me › blog › how-to-set-up-company-payroll-using-xe.

 

Setting up payroll in xero. Prepare for payroll

 

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