Financial Relief & JobKeeper during coronavirus (COVID-19)

By |2020-10-01T03:23:22+00:00March 17th, 2020|Categories: ATO, BAS, Business Management, Payroll|

Regular updates on JobKeeper, Financial Relief  and Government's Economic Response to Coronavirus COVID-19  - - Simplified and much more.  This information is for businesses with aggregated turnover of less than $1 billion only. For full details, contact us for information relevant to you. RESTAURANT BOOKKEEPERS AUSTRALIA IS OPEN FOR BUSINESS AS USUAL - our team are [...]

How to Calculate Public Holiday Wages for Restaurants & Cafes

By |2020-01-21T03:53:29+00:00January 19th, 2020|Categories: Employees, Payroll, Restaurant Bookkeeping, Superannuation|Tags: , , , |

We will show you how to find the correct award for restaurant, cafe, hospitality employees and calculate wages when public holidays occur. Calculating hospitality wages can be confusing at the best of times. Even more so when a public holiday arises. It seems that they never add up. Understanding the awards can be confusing. We all [...]

Can I deduct money from employees’ wages?

By |2019-12-05T07:19:36+00:00December 5th, 2019|Categories: Employees, finance, Ideas, Payroll|

Sometimes employees owe employers money at the end of their employment. (That was a tricky sentence!) This occurs for various reasons. For example: repayment for buying products, cash loan, till shortages, rent or benefits with a payment plan, over-claimed holiday or personal leave, overpaid wages, errors etc. When the employee finishes work, you want your money [...]

Fair Work Information Statement [Updated: January 2020]

By |2020-01-13T10:50:54+00:00October 23rd, 2019|Categories: Employees, Ideas, Payroll, Regulations|

Did you know that every new employee in Australia must be given a copy of the Fair Work Information Statement 2019 (FWIS)? Regardless of their role or employment type, it must be given to the employee before, or as soon as possible after they start their new job. Failure to provide the FWIS to employees is [...]

Hospitality Award changes

By |2019-09-11T04:22:17+00:00September 11th, 2019|Categories: Business Management, Employees, Payroll|

What are Modern Awards and why do reviews matter? Modern Awards are in place to ensure employers and employees are following the legal requirements and conditions of employment, including employee entitlements. The Modern Awards came into effect in January 2010 and cover over 100 industries across Australia. One of the Modern Awards is the Hospitality Industry [...]

Are payslips compulsory?

By |2019-11-25T01:39:00+00:00June 6th, 2019|Categories: Employees, Food Business Owners, MYOB, Payroll, Restaurant Bookkeeping, Superannuation, Xero|

Are payslips a legal requirement? Yes, payslips are mandatory under Fair Work. All employees must be issued with a payslip at every pay event, regardless of how much time has been worked. It is compulsory for business owners to issue payslips within 1 working day of paying employees.  Fair Work inspectors can give employers a fine, [...]

How to Set Up Single Touch Payroll

By |2019-07-11T08:04:44+00:00March 21st, 2019|Categories: ATO, Employees, Payroll, Regulations, Restaurant Bookkeeping, Superannuation, Tax|

What is STP (Single Touch Payroll)? Set up Single Touch Payroll now! From 1 July 2019 all businesses will need to be electronically connected to the ATO to report employee payroll. You can't avoid getting on board because this is law.  It is a government initiative aimed at streamlining business reporting to the ATO. Therefore, your [...]

Understanding Public Holiday Pay Rates – When and How Much to Pay Which Staff

By |2019-07-11T08:04:39+00:00January 21st, 2019|Categories: Payroll|

Payroll is arguably one of the most confusing aspects of running a business. It gets even more complicated when you throw public holiday pay rates into the mix. Public holidays are a part of Australia’s National Employment Standards (NES) and as such, workers are entitled to be absent from work (either for a full day or [...]

Navigating Single Touch Payroll for Cafes & Restaurants

By |2019-07-11T08:11:26+00:00January 14th, 2019|Categories: ATO, Payroll, Restaurant Bookkeeping|

Australia has reached a new milestone in digital bookkeeping with the passing of the legislation for Single Touch Payroll reporting earlier this year (STP). Starting July 2018, companies with employee headcount of 20 or more were required to implement single touch payroll reporting through payroll or accounting systems. And now, after months of uncertainty for small [...]

Tips To Find The Correct Payroll Award For Restaurant Employees

By |2020-07-22T04:29:00+00:00July 24th, 2018|Categories: BAS, Employees, Payroll|

Last updated: July 2019 Running a payroll for a busy restaurant, cafe or takeaway can be daunting for a new business owner. There’s a lot of compliance with superannuation and PAYG tax. Add to that, trying to decipher the complex Fair Work awards for the food industry and you’ve got a big job on your hands. [...]

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