AU Payroll - Employer Expenses
PLEASE, PLEASE, PLEASE add an option to Payroll that allows employer expenses to be processed. The Union our company is a member of insists we pay as an employer expense into a redundancy program and also an income protection program for each employee. The Union demands that the payments are detailed on each employees payslip. We can only do this if we have an employer expense option. One of my clients in the United Kingdom uses the UK version of XERO and their version allows for this. Come on Australia, catch up!!!
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Bernie Shaw commented
ACIRT
Any Company that has a Portable Redundancy Trust requirement in their Wage Agreements, must be able to account & report on these items. Eg ACIRT at the moment there is no way to do this within Xero, which is astonishing for a supposed cutting edge Accounting program.
MYOB has no problems catering for this