Payroll Outsourcing Services

We understand small-business owners want to minimise the costs of employing full-time Human Resource and Payroll Manager in their business. At Linssy & Co Accountants, we can help your business to be more efficient & productive and costs saving by outsourcing these tasks to us, and we can ensure your staff are pay correctly in order to be complying with the Fair Work Act 2010, Payroll tax Act 2007, Superannuation Act 1992 and the NSW Workers Compensation Act 1987.

Our payroll Manager/Accountants provide more than just payroll processing and remittance of direct & indirect taxes. We can assist with any HR issues regarding employment contract and interpretation of Modern Awards, and Enterprise Agreements. Your benefits from outsourcing payroll processing to us would ensure your business is operating efficiently, avoid complexity of payroll management and complying with FairWork Act and avoid heavy penalties for any breaches of Employment Law.

At Linssy & Co, our Payroll Manager/Accountants can thoroughly manage your in-house payroll processing needs without any hindrance. Our payroll services include but not limited to:

Drafting new staff contract that compliance with FairWork Act and Enterprise Agreements.
Review & setup new employees and updating employee information to ensure completeness
Updates pay rates and setup new additions and deductions
Processing Timesheets and/or uploading TMS
Manage Workers compensation claims
Prepare paperwork for annual WorkCover Premium renewal
Manage staff salary packaging & deductions and calculating pay adjustments
Super and payroll tax payments
Redundancy and ETP calculations
Prepare wage/salaries declaration for Workcover premium
Calculating and reconciliations of the annual and LSL accruals
GL payroll reconciliation and STP reporting for every pay run
Manage EOFY salary arrangement reconciliation
Manage Reportable Fringe Benefit at EOFY
EOFY payroll reconciliation and Rollover
EOFY payroll tax reconciliation
EOFY payroll reporting by Single Touch Payroll (STP).

Our payroll services can assist your business to manage your staff payroll and HR services. In additions, we can provide training about payroll policies and procedures. We can help you setting up new payroll system and implementation for you to manage payroll in-house or outsourcing payroll tasks to us for peace of mind.

Why you should outsourcing payroll tasks to us?

By outsourcing your in-house payroll processing to us you will definitely benefits by labour costs, discount on SaaS, save valuable time and complying with government employment regulations:

Avoid complexity of payroll management
Outsourcing reduces errors and ensures compliance with employment legislation
Save labour costs of having an in-house employee
Avoid the need to manage Modern Awards and Enterprise Agreements
Assist with payroll audit and analyst
Payroll reports for every pay run including but not limited to audit report, leaves liability, employee listing, summary of pay, EFT pay report, Super and payroll tax reports, additions and deductions reports, commentaries on payroll variances, and payrun reporting through STP
Your business is complies with Fair Work
Peace of mind knowing experienced payroll Manager/Accountant work is done correctly, and on time.

Frequently asked questions

What are the benefits of payroll outsourcing?

Business owners or in-house Finance and HR professionals without payroll experience may find payroll processing challenging. The ability to keep abreast with constant changing legislation; Ensured payroll compliance from Fair Work Act, ATO and Superannuation Act 1992 is vital; Managing compliance such as Modern Awards, payroll tax, and super is time-consuming. The management of payroll in-house can be costly and requires specialised skills. Its cost savings, reduce the need for in-house payroll training, resources and avoid breaching employment regulations from Fair Work Act. You can reduce the risk of payroll errors and omissions by outsourcing payroll tasks to us. We tailor our services to meet your business’ needs whilst ensuring all your compliance needs are met with regards to payroll tax, WorkCover Premium and superannuation payment.

Why choose Linssy & Co Accountants for Payroll Outsourcing services?

Our payroll Manager/Accountant can demonstrate working experiences in manufacturing, retail, Medical Centre, education, restaurant and construction industry. This means you're outsourcing payroll tasks to the experts. Our Payroll Manager/Accountant have more than 20 years experience in all aspects of payroll management. A one-stop shop for all your payroll solutions including drafting contract, interpret new legislation impacting payroll such as Modern Awards or Enterprise Agreements. Managed FBT calculations, and salary packaging, deductions and pay run adjustments. Ensuring STP reporting, payroll tax, super payment is correct, accurate, meeting reporting deadlines and peace of mind. Oversee new staff employment and termination payment including LSL, and AL and calculating redundancy/ETP payout. Ensuring your payroll data is audit compliant.

What online or on the premises payroll system should I use for processing payroll?

Using online accounting software to process payroll makes for an efficient, streamlined process. At Linssy & Co Accountants, our team works with Xero, and MYOB to process payroll. If you're using MicrOpay, ADP Payforce, Ceridian Dayforce, Ascender, in-house or online payroll system, our payroll Master/Accountant can assist with your payroll management.

What is Single Touch Payroll Phase 1 and 2?

Single Touch Payroll (STP) is the method of reporting tax and superannuation information to the ATO. Implemented from 1 July 2019, all Australian small businesses must report their payroll to the ATO. In STP Phase 1, you reported a single gross amount which was made up of several different payment types. In STP Phase 2, many of these need to be separately reported

Is payroll outsourcing right for your business?

Regardless how many employees your business has, a well-managed payroll function with staff possessing payroll processing and payroll system skills and knowledge of the staff pay entitlement, employment law, payroll tax and superannuation compliance, is essential. By outsourcing payroll services to us could give you peace of mind knowing your staff get pay correctly and on time, ávoid complying issue from Fair Work, ATO and RevenueNSW. If you want to spends more time focusing on your business and stop worries about staff pay errors, time dealing with payroll queries and admin, struggling with payroll compliance, missing critical payroll deadlines then outsourcing payroll tasks to us is a good option.

How much does it cost to outsource payroll?

The total costs associate with outsourcing payroll tasks to us is depends on the number of staff, the frequency of payroll processing cycle, HR related issues, ATO, Fair Work Act or payroll tax compliance. These costs are what is incurred in your business today. The cost of outsourcing payroll depends on the level of service you need, the services you want to utilise. There is no payroll management cost that is One size fit all. The levels of payroll services dependent on your business needs.

How does payroll outsourcing work?

At Linssy & Co, Payroll Outsourcing tasks to us mean we will provide end-to-end payroll management for your business. Our payroll Manager/Accountant can process the payroll either on your premises or online cloud payroll system. Outsourced payroll services include end-to-end payroll management, payroll tax, Super, Fair Work Act and STP reporting compliance, EOFY reconciliation and rollover. We will also assist with FBT calculation and end of year reporting obligation. We will produce all the payroll management reports for every pay run including but not limited to Audit report, EFT pays report, summary of pay, additions and deductions, costings report, STP pay event reconciliation.