AU Payroll - Allow to change settings for Decimal places.
Pay rates rounding by 4 decimal points causing an underpayment of wages. EG: Base rate is 25.65 x 1.5 = 38.475000 but the award rate is actually 38.48. Need a solution for this ASAP. Also change decimal place settings for pay slip and pay template items such as superannuation.
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Elkie Gibson
commented
It's ridiculous that this isn't already a feature. Please Xero, update this
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Alicia Hera-Singh
commented
I have sent this topic as a support ticket to be reviewed on my account. Hopefully, Xero will listen. Fingers crossed!
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Stephen Kruger
commented
This must be fixed ASAP!!!
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Natasha Sampson
commented
This is a massive problem and needs to be fixed!
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Shane Johnston
commented
This is critical given the need for accurate payroll payments and the responsibilities of business owners to pay people correctly - for me this impacts 40+ small businesses and over 400 team members who may have been paid incorrectly
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Che Kelly
commented
You physically can't pay staff past 2 decimal places so why does it round to 4. This is resulting in underpaying staff. Fair Work have also confirmed that the rates have to match the Award rates in the pay guides and majority of all award rates are rounded to the nearest 2dp.
Also, when running the remuneration reports in Xero, it shows the pay rates rounded to the nearest 2dp.
I get that the 4dp may be useful for salaried staff, but it wouldn't hurt to have the option to be able to set the dp.
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Fusion Financial
commented
Would be great to change the decimal places on payslips.
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Sue Packer
commented
Why is the ability to round to 2 decimals places unavailable? Awards are to 2 decimal places. To resolve the issue by changing each pay rate in a pay run is unacceptable. Over 400 employees with this issue relating to multiple pay items. Govt departments (applying for subsidies) are querying why an employee's pay rate isn't @ 2 decimal places. Why????
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Simon Parker
commented
set the number of decimals places e.g. 2 so when Xero applies a award factor e.g. 1.5x award rate the results only displays to two decimals place in their pay.
Awards are published to two decimals places that's all we are required to pay in Australia.
Fixing the rounding wastes so much time. -
Liz Ryan
commented
Can we please have flexible decimal points on allowances. So overnight stays - 3 - are appearing as 3.0000 and 200 kilometres is appearing as 200.0000 kilometres. I would like to remove those decimal points?
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Keryn Williams
commented
I would like the payroll rate (Earnings rate) to only be 2 decimal places - currently it shows as $26.968700, only needs to be $26.97. Each fortnight I have to manually change the payroll rate. The rate should be exactly as stated in FairWork Award documents, which is only to 2 decimal places.
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Andrea Sully
commented
Turn off rounding in payroll deductions and superannuation in Pay Template. Is it possible to turn off rounding for payroll deductions in pay templates, as we have defined benefit member salary sacrifice percentage rates that are more than two decimals and Xero automatically rounds down or up which creates the designated ATO rate lower or higher than specified. Also payroll deduction amounts for Novated Leasing for pre and post tax amounts are rounding down or up to an amount which then we will have to create a journal later to fix the incorrect amount being direct debited from our bank account for the monthly lease payment.