Skip to main content

New Payroll Company Checklist

Checklist for follow when you create a new Payroll Company in your database

If you are inquiring about purchasing a new Payroll Company, raise a case online with your contact details to organise a quote.
​
Below is a list of tasks to complete when setting up a new Payroll Company. You can view this below or download a PDF version by clicking on the link below.

Task

Description

Company Details

Common, Maintenance, Company Details, Check STP Details.

  • If you use Beam Super Clearing you will need register the company.

EFT Parameters

Payroll, Maintenance, General, EFT Parameters

Payroll Company Details

Payroll, Maintenance, General, Payroll Companies

Check each tab in the General Parameters is showing the correct details and the current Tax Year.

Payroll, Maintenance, General, General Parameters

  • Tax The Year tab is showing the current financial year

  • SGL tab details appear with the current financial year details

  • Cost Account tab is showing the correct costing structure

Contract Hours

Payroll, Maintenance, General, Contract Hours

Work Patterns

Payroll, Maintenance, General, Work Patterns

Pay Frequencies

Payroll, Maintenance, General, Pay Frequencies

Cost Accounts

Payroll, Maintenance, General, Cost Accounts

Additions and Deductions

Payroll, Maintenance, General, Additions and Deductions

Rates of Pay

Payroll, Maintenance, Rates

Leave Calculations

Payroll, Maintenance, Leave

  • Annual Leave

  • Sick Leave

  • Long Service Leave

  • User Defined Leave

Leave Parameters

Payroll, Maintenance, Leave, Leave Parameters

Public Holidays

Payroll, Maintenance, Leave, Leave Planning

  • Public Holiday dates have been setup correctly if Leave Planner or ESS is used.

Superannuation Setup

Payroll, Maintenance, Superannuation

  • Super Funds/Employer Contributions have been set up correctly, checking that the correct Pay Components have been selected.

Payroll Tax

Payroll, Maintenance, Payroll Tax

Employee Details Setup

Payroll, Maintenance, Employees, Employees

Leave Balances

Payroll, Maintenance, Employees, Employees, Leave
​

If the new company is inheriting leave balances from another company, it is important to check that the balances and the correct dates have been keyed into the Employees' Leave screen for each leave type before commencing the first pay run.
​

After the balances have been entered, it is recommended that you print and check the Payroll, Reports, End of Pay, Leave Summary and Liability Report.

Did this answer your question?