Process a pay run and pay employees – Xero Central – Three ways to run payroll for employees

Pay your employees from your bank account using the payment file generated after each pay run. Before you start Set up payroll and add your pay calendars to determine the pay run period. Add your employees excluding contractors and set up their pay template with the employee’s base pay details. Add any contractors who work for your organisation. Approve all employee leave requests and timesheets so they’re included in the pay run. Once you process leave in a pay run, you can’t change the leave type in the leave request.

Create a draft pay run In the Payroll menu, select Pay employees. From New Pay Run , select a pay period. Click Process Pay Run and check the pay run dates. Optional In the Payslip Message field, enter a message to show at the bottom of all payslips. Adjust an employee’s pay not contractors If needed, adjust an employee’s earnings, deductions, taxes, reimbursements, superannuation and leave before posting a pay run. From a draft pay run, click the employee who needs a pay adjustment.

Click Add [pay item] for the adjustment type you want. His particular specialties are helping new businesses in their early growth phase as well as helping existing businesses make the transition to the cloud to streamline their bookkeeping and accounting needs. We take a deep dive into the capital gains tax concessions that are available for small businesses. Learn how the JobKeeper subsidy can help keep businesses like yours afloat. Understand how depreciation in accounting can benefit your business by talking to an accounting specialist from Liston Newton.

Get started. Business Advisory. Business Planning Business Structures. Financial Advisory. Wealth Creation. Investment Strategies. Retirement Planning. Estate Planning. Personal Insurance. Call us today How to do payroll in Xero. Home Information Centre How to do payroll in Xero. Collect your payroll information The first step is to collect all the necessary business information.

This covers: Personal details, contact details, and bank details Employment details, including tax file number, salary, super, and leave Current pay balance for the financial year, up to when you start using Xero Then you need to make sure your Xero payroll is set up. Set up your payroll account In your Xero account, click on your business name, hit Settings , then Payroll settings. Set your payroll calendar You can set a payroll calendar that corresponds with your regular pay run.

Select Calendars , then hit Add. You can only have one draft pay run for each pay period. Select a payroll calendar, the relevant financial year and pay period. If you’re correcting a mistake from an earlier pay run, make sure you select the same pay calendar and period as the incorrect pay run.

Click Next. Optional Click Payment Date to select the date you’ll pay your employees. If there’s no payment being made, you can leave the date as is. This date determines which financial period the pay run is reported in. Sick leave, bereavement leave, public holidays, alternative holidays and employment-related education leave is initially calculated on RDP based on the employee’s base rate. The rates for these can be edited, but you can’t edit the ADP rate.

Optional Click the Memo button Memo. Click Save and then click Close. From the draft pay run, click Post 2. Click Post to confirm your pay run. After you’ve posted a pay run you’ll need to pay your employees electronically. This can be completed manually through online banking or for the most time saving efficiency it is recommended to export the payment file from Xero straight to your bank.

Once you have posted the pay run select the Options button 2. Review the following reports:. View Payroll Activity Details Report b. View Pay Summary Report c.

GOTW | Xero: Process Pay Runs | BWR Accounting

 
You can also do this with historical payslips, as well. If you need help making adjustments with superannuation and tax, contact Xero support. Pay the right tax for your business goals.

Process a pay run using Pay Run – Xero Central

Pay employees with ease with local, state and federal payroll taxes automatically calculated, filed and paid. Give your employees online access to their pay details. Users of Xero and Gusto benefit from their deep integration. Your Xero sign-on gets you into Gusto as well. See and reconcile your Gusto payroll transactions in Xero, and easily jump into Gusto from the Gusto payroll menu tab in Xero.

First, connect Xero with Gusto and map your chart of accounts. Add contractors as contacts, then set up rules so expenses are automatically recorded on forms. If you submit a paper form, export the in CSV format. Access all Xero features for 30 days, then decide which plan best suits your business. Made by the Forge use Xero to make quick decisions. Pay bills.

Send invoices. Automated payroll Pay employees with ease with local, state and federal payroll taxes automatically calculated, filed and paid. Employee self-service Give your employees online access to their pay details. See how to set up Gusto payroll for your Xero business. See how to set up the Gusto to Xero integration.

See how to set up and pay contractor expenses. Start using Payroll for free. Email address. What to explore next See all features.