What do you need to consider when providing payroll data to payroll processor for calculation within...

50.1K

Verified Solution

Question

Finance

What do you need to consider when providing payroll data topayroll processor for calculation within designated timelines? Youwill need to include a brief explanation on each of the elementse.g. Prepare a payroll register; Key organisational timelines;Fringe benefits tax; Other payroll deadlines including ATO, TFNdeclaration, PAYG withholding; Employment termination payments;Employer superannuation contributions; and Business Activitystatement (BAS).

Answer & Explanation Solved by verified expert
4.2 Ratings (866 Votes)
Point to be considered To complete the task by such payroll processor we have to consider following for calculation with in designated timelines a all data in arranged and automated calculation manner b used head wise data and date wise attendance    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

What do you need to consider when providing payroll data topayroll processor for calculation within designated timelines? Youwill need to include a brief explanation on each of the elementse.g. Prepare a payroll register; Key organisational timelines;Fringe benefits tax; Other payroll deadlines including ATO, TFNdeclaration, PAYG withholding; Employment termination payments;Employer superannuation contributions; and Business Activitystatement (BAS).

Other questions asked by students