If you’re a small or medium sized business with employees, completing your payroll and wages in compliance with tax requirements is vital to your everyday operation, at once protecting your own interests and looking after your employees.
Business payroll is a time consuming and mundane process, and often falls to the business owner to complete. You can easily accumulate a full-time working week per year just paying staff! Delegating Xero Payroll Setup and responsibilities to Growth IQ is just another way to free your time to address challenges as they arise.
What is Xero Payroll?
Payroll services are not all created equal. Xero Single Touch Payroll is an all-in-one system that saves time time by tracking employee hours, calculating tax, paying superannuation and creating payslips, just to name a few.
Who is Xero Payroll for?
Xero Payroll is ideal for small and medium business, and we happily recommend it to all of the Growth IQ clients. In fact, one of our specialised services is Xero Setup and Conversion. As Xero Certified Advisors, we manage the setup of your Xero accounting file in its entirety.
Growth IQ’s Xero Payroll Specialisation
At Growth IQ, small to medium enterprise is our focus. As a small business ourselves, we use Xero software and other Cloud Bookkeeping Solutions daily with our clients, and to service our own team. To keep us at the forefront of Xero implementation and management, our team attend all Xero events and regularly upskill, embracing technology and helping our clients to see substantial cost and time savings by outsourcing their payroll. By taking payroll off your hands, Growth IQ will help to lighten the load of your everyday operational tasks.
Other Key Benefits Of Xero Include:
- Easy single touch payroll allowing you to report all necessary information to the ATO
- Built-in timesheets mean no manual data entry
- Tracks employee hours and manages leave
- Ability to apply different pay rates for a single employee
- Self-service employee portal with the Xero Me employee app
- Streamlined superannuation payment
- Detailed payroll reporting and expense reimbursement