Payroll

Topics: Tax, Income tax, Taxation Pages: 10 (1968 words) Published: December 7, 2012
taps

payroll management standards

peace of mind

Payroll Management
Australian Industry Standards February 2003

payroll.com.au

Prepared By:

7 | 72 p f

pitt street, sydney nsw 2000, australia +61 2 9233 3799 +61 2 9233 3755

taps

payroll management standards

peace of mind
notes
These Standards cover the key areas of Payroll Management: • • • Payroll Operations Payroll System Administration Payroll Accounting

These Standards have been accredited by: TAPS - The Association For Payroll Specialists (currently representing over 6,500 Payroll Managers, Payroll Supervisors & Payroll Officers in Australia)

payroll.com.au

Prepared By:

7 | 72 p f

pitt street, sydney nsw 2000, australia +61 2 9233 3799 +61 2 9233 3755

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taps

payroll management standards

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contents
Introduction Payroll Operations - Tasks & Deadlines Documentation Payroll System Administration - Tasks & Deadlines Documentation Payroll Accounting - Tasks & Deadlines Documentation Payment Of Remuneration To Employees A.T.O. PAYG Tax Legislation for Employers A.T.O. Superannuation Legislation for Employers Payroll Tax Legislation - Each State Wages Declaration For Workers Compensation - Each State Payroll Processing Checklists Payroll Management Monthly Schedule - Including KPIs Payroll Yearly Tasks & Deadlines Checklist Payroll Job Descriptions Payroll Staff Training & Development Payroll Productivity & Staffing Levels Payroll Association Membership Payroll Practitioner - Certification Audit Obligations - Payroll Management Standards 4 5 5 5 5 6 6 6 7 7 7 8 8 8 9 9 9 10

payroll.com.au
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payroll management standards

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introduction
These Payroll Management Standards have been developed to:



Provide Organisations with Payroll Management – guidance, direction and best practice requirements. Provide guidance and direction to Payroll Practitioners and other staff responsible for the management of - Payroll Operations, Payroll System Administration or Payroll Accounting functions. Provide guidance and direction to Payroll Management – Consultants, Compliance Professionals and Auditors. Improve the quality in Payroll Management practice and establish standardisation within the Payroll Industry. Ensure Organisations comply with key State & Federal Legislation. Prescribe the minimum qualifications for a Payroll Practitioner.







• •

Who must comply with these Standards:

• •

All Organisations who pay employees. Payroll Practitioners: - Payroll Managers, Payroll Supervisors, Payroll Officers and Payroll System Administrators. Payroll Accountants and Finance / Accounting staff responsible for the management of Payroll. Human Resources staff responsible for the management of Payroll. Payroll Management - Consultants and Compliance Professionals. Payroll Management Auditors ( internal and external ).



payroll.com.au

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taps

payroll management standards

peace of mind
Payroll Operations - Tasks & Deadlines Documentation (Section PS 1) All weekly, monthly and yearly tasks & deadlines in Payroll Operations must: • • • • be clearly identified and documented have clear deadlines for completion have an allocated owner have detailed documented procedures on how to perform each task

Payroll System Administration - Tasks & Deadlines Documentation (Section PS 2) All weekly, monthly and yearly tasks & deadlines in Payroll System Administration must: • • • • be clearly identified and documented have clear deadlines for completion have an allocated owner have detailed documented procedures on how to perform each task

Payroll Accounting - Tasks & Deadlines Documentation (Section PS 3) All weekly, monthly and yearly tasks & deadlines in Payroll Accounting must: • • • • be clearly identified and documented have clear deadlines for completion have an allocated owner have detailed documented procedures on how to perform each task

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