Payroll Services for Small Businesses in Melbourne
Simplify Your Payroll Process
Bookkept offers comprehensive payroll services tailored for small businesses, ensuring accuracy, compliance, and efficiency in your employee payments. Our small business bookkeeping payroll services are designed to make life easier for small business owners.
Expert Payroll Management Melbourne, Victoria
Our team of accounting professionals handles all aspects of payroll, from processing to reporting. We ensure your employees are paid correctly and on time, every time. Our service includes managing tax withholdings, superannuation contributions, and leave accruals, giving you peace of mind and more time to focus on your core business. We use advanced accounting software to manage these financial transactions efficiently.
Superannuation Compliance
We take care of your superannuation obligations:
Calculation of superannuation contributions
Timely payments to employee super funds
Compliance with SuperStream standards
Management of contribution rate changes
Handling of salary sacrifice arrangements
Our expertise ensures you meet all superannuation guarantee requirements without hassle, a crucial aspect of small business bookkeeping.
Payroll Tax Management
Understanding payroll tax can be complex for small businesses. We help by:
Calculating payroll tax liabilities
Preparing and lodging payroll tax returns
Managing interstate payroll tax requirements
Identifying available payroll tax exemptions
Providing strategic advice on payroll tax planning
We keep you compliant with state-specific payroll tax regulations, minimising your tax burden where possible. Our bookkeeping software streamlines this process for small business owners.
Plans to suit your business accounting & bookkeeping needs
We don’t believe in a cookie cutter approach when it comes to billing.Our clients prefer certainty so we tailor a monthly package with defined accounting services and agree upfront. Here are some examples of what we do for our clients –
Chris - The Contractor
Emma - The Cafe Owner
Mick - The Well-Established Firm
Employee Payment Summaries
At the end of each financial year, we:
- Prepare accurate payment summaries for all employees. This ensures your staff have correct records for their tax returns.
- Distribute payment summaries in a timely manner. We make sure your employees receive this crucial financial data when they need it.
- Lodge the annual payment summary report with the ATO. This keeps your business compliant with ATO reporting requirements.
- Assist with any payment summary queries or adjustments. We're here to help if any issues or questions arise, providing peace of mind for business owners.
Single Touch Payroll (STP) Reporting
Bookkept ensures your small business is STP compliant:
Setup of STP-enabled accounting software
Regular STP reporting to the ATO
Management of STP exceptions and errors
Assistance with end-of-year finalisation
Ongoing STP compliance monitoring
We streamline your STP reporting, keeping you in line with the latest ATO requirements. Our expertise in accounting software makes this process seamless for small businesses.
What our clients are saying
FAQ About Small Business Bookkeeping Payroll
How often do you process payroll?
Depending on your small business needs and employee agreements, we can process payroll weekly, fortnightly, or monthly. Our flexible small business bookkeeping services cater to various payroll frequencies.
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Can you handle different pay rates and allowances?
Yes, our accounting software can manage various pay rates, overtime calculations, allowances, and deductions to suit your specific small business requirements.
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What if I need to make changes to employee details or pay rates?
We make it easy for small business owners to communicate any changes. Simply inform us, and we'll update our records promptly to ensure accurate payroll processing.
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How do you stay updated on changes in payroll legislation?
Our team of accounting professionals undergoes regular training and closely monitors updates from the ATO and Fair Work. We implement any legislative changes promptly to keep your payroll compliant, a crucial aspect of small business bookkeeping.
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Can you help with payroll setup for a new business?
Absolutely. We can set up your entire payroll system from scratch, including registering for PAYG withholding, setting up employee records, and implementing the right bookkeeping software for your needs. We can even guide you on free accounting software options to get your small business started.
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How do you handle accounts payable in relation to payroll?
Our small business bookkeeping services include managing accounts payable and ensuring all payroll-related expenses are accurately recorded and paid on time. This integration of payroll and accounts payable provides a comprehensive financial management solution for small business owners.
Get In Touch Today
Get in touch by filling out the form below or simply call (03) 8568 3506!