Product update: Introducing MyHR Payroll

We’re excited to announce MyHR Payroll, the latest addition to our game-changing HR platform.

MyHR Payroll is an end-to-end solution for managing payroll, leave, and employee data. Combining rostering, timesheets, salary and wage calculations, leave management, and detailed Single Touch Payroll reporting, MyHR Payroll puts you in complete control of payroll and leave.

What does this mean for businesses and employers?

Life in a small to medium enterprise (SME) can be hectic and the last thing you want to be spending your time on is watching over important systems to check they are working correctly. 

MyHR Payroll automates payroll and leave processes, so you can be sure your people are paid correctly and on time, every pay run. 

By ensuring you have a single source of pay and leave data, MyHR Payroll eliminates the risk of costly duplication errors and puts essential pay and leave information at managers' and employees’ fingertips.

It’s easy to set up and fully cloud-based, so you can run your payroll and manage leave from anywhere, knowing your important payroll data and employee records are always secure.

Features

Automated online payroll

MyHR Payroll automates the payroll journey, giving you control of payroll processes from real-time tracking of employee attendance and work hours, to leave accruals, tax and super calculations, and comprehensive reporting.

Customise your level of oversight to fit your business needs and integrate with more than 30 other platforms, so you can easily synchronise payroll and leave with your HR, accounting, and rostering software.

Taxation and legal compliance

Stay on top of your obligations and avoid penalties for not complying with Australian tax and payroll laws.

Easy Single Touch Payroll (STP) integration for direct filing to the ATO and ready-to-use Modern Awards interpretations that take the headache out of meeting minimum terms and conditions, including pay, hours of work, rosters, breaks, allowances, penalty rates, and overtime. 

MyHR Payroll is updated in real-time when legislation changes, and with the backing of our eagle-eyed team of HR experts, you’ll never get caught out.

Leave management

Accurately manage leave with MyHR. Our software makes it easy for employees to check their leave balance and request time off and eliminates double-handling of employee leave and payroll data.

You always have visibility of holiday entitlements and can easily approve leave requests, so your workers get the leave they are due and you can plan absences.

Detailed reporting

MyHR Payroll ensures your business has real-time information to make informed decisions on staff costs, wages and leave, and to meet all your reporting obligations. 

Access our extensive report library to analyse pay costs, superannuation, PAYG, and much more. 

Payroll Standard and Payroll Plus

We’ve designed MyHR Payroll with two levels of functionality and service. Payroll Standard has all the features most SMEs need to manage payroll and leave, while Payroll Plus is for businesses with more complex requirements, including Modern Award and Enterprise Agreement coverage, as well as rostering, time and attendance, and expense claims.

Payroll Standard

• Automated pay-run processing.
• Seamless integration with MyHR software and leave functionality.
• Integrate with accounting software like Xero and automate journal entry.
• STP reporting to ATO.
• Owner, approval, and location/departmental access.
• Email payslips.
• Quick, easy set-up.

Payroll Plus

• Rostering*.
• Time and attendance - Clock in Clock out*.
• Expense Claims/Management*.
• Awards and complex Enterprise Agreements - use the predefined, common Modern Awards or create custom rule sets to assure your pay runs.
• Employee self-satisfaction surveys.*

*These advanced features require the use of a separate self-serve app.

For more information about MyHR Payroll, chat with an HR Solutions Advisor today →