Payroll

Muli Payroll is extensive and fully integrated to project review cost and processes. The best way to overview payroll is to start with the Muli Payroll introduction video. For serious detail you need to log on to the members section for the payroll training videos, and detail payroll manuals and procedure.

Muli Payroll Solutions provide a single process to achieve:

1. Payment to Employees

  • Cash
  • Cheque
  • Direct Deposit

2. Charge Projects via labour orders for:-

  • Employee services provided (may be used to distribute consultant/ABN payments).
  • Manage up to six (6) Leave types:-
  • Calculate employee entitlements.
  • Keep history of Leave taken.
  • Employee balances.
  • Company obligations.

3. Pay Superannuation obligations (including Industry Fund Returns):

  • Salary Sacrifice.
  • Company Payment.
  • Employee Co-payment.

4. Management of Employee Time sheets

To allow Users and their supervisors to directly enter worked time. This project timesheet forms the base documentation for payroll processing.

5. Calculate obligations to employees.

6. Fully balanced payroll journals debiting the project for work done, crediting relevant overhead accounts for provision/payment of pay obligations, even to other companies in the group.

7. Muli Payroll develops a fully loaded cost for charge to the project for work being done. This includes making provision for all the future costs associated with employing the individual.
These may include:-

  • Direct payment to the individual.
  • Individuals’ PAYG Tax.
  • Provisions for employee benefits & costs. (Provisions are Liabilities in the balance sheet).
  • Other Payroll charges, such as Workers’ Compensation, Payroll Tax, and individual on-cost items like Provision for Annual Leave, Superannuation, Car Lease, etc. These are added to an Employee’s salary to come up with a gross cost. This cost is distributed to the projects according to the time-sheet.
    All charges create a balanced journal with debit costs to the project when work is done and credited to relevant control accounts in Payroll owning General Ledger. Where the project is in a different company, then relevant intercompany loan account journals are completed.
  • Labour Orders (L-orders)
    All Payroll transactions are posted to (L) Labour Orders. (No other transactions may be posted to L-orders).
    Each payrun is processed as a balanced set of journals that debit and credit various labour orders with all payments to employee’s superannuation, etc occurring via General Ledger clearing accounts.
    Note: The Organisation for all labour orders is $PAYX, where ‘X’ is equal to the Payroll providing company. Ie, if Company ‘C’ is providing payroll services, then $PAYC.
    An individual could be providing services to a number of group companies which could have labour orders from multiple providing companies.
  • The Year End submenu provides:
    1. Employee PAYG Payment Summary.
    2. Electronic Returns of Payroll information to the Tax Office.
    3. Balancing of BAS for year.

9. Tax calculation-

Setup of Employee Tax Maintenance [9.8.2] 09159m includes the selection of the relevant tax scale to be applied to the employee earnings.

With each payment the tax calculation is required to be completed using the relevant table as per the Tax Pay Sequence selected for the employee, and the value of tax applicable is shown against that pay sequence in the timesheet.

Do secondary calculation based on :-

  • Total taxable earnings year to date.
  • Tax payable on above earnings for year to date duration (from start date), and then make an adjustment to hand back any over provision.