Paytools

With so many manual spreadsheet workarounds in payroll, Paytools is purpose-built to reduce compliance risks and to simplify payroll processing. By connecting Paytools to Xero you can:

• Analyse and review variances securely with your team, as well as quickly reconcile pay runs showing variances at both the pay run and employee payslip level. Pay Review compares your current pay run against the previous pay period, allowing you to review and approve all flagged employees. Add comments and mark exceptions as you go, while keeping a complete audit trail of all actions so you know who did what and when.
• Automatically calculate your payroll tax monthly liability for each state/territory, reading directly from your Xero company. Payroll Tax Manager also includes automated checks to see if you’re approaching payroll tax thresholds, allows you to make manual adjustment to include non-payroll earnings and keeps an audit trail of who/what/when actions were completed.
• Instantly analyse your payroll setup and history to find potential compliance issues against the Fair Work National Employment Standards. Paytools Compliance Monitor runs a comprehensive scan of every employee's Super, Leave and Pay items to flag easy-to-miss misconfigurations. Easily drill down into detail to review each item individually, plus find instructions for how to action each item in Xero.