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  1. AU Payroll - Set the number of decimals places to 2

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    submitted  ·  5 comments  ·  For small businesses » Payroll  ·  Admin →
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    Che Kelly supported this idea  · 
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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.