Processing Payments

Taxation Payments

If you want to pay the PAYG Withholding tax amounts through Accounts Payable, set up the Australian Taxation Office as a Supplier, and you can create an ABA file to process PAYG Withholding tax payments.

From the Administration menu (cog icon), select Settings. From Payroll Settings, select General section. If you want to pay your PAYG Withholding amounts to ATO through Accounts Payable select the Australian Taxation Office in Supplier for withholding amounts.

If you select a liability account for withholding amounts in the next field this will override the supplier selection and the amount will be posted to the selected liability account. You must make a selection here or in the next field.

From the vertical navigation menu, expand Day to day menu, in the Money Out section click on Make payment, then click on Add.

Complete the fields ensuring –

Payable type has Accounts Payable selected
Correct Supplier contact is selected
Payment method must be Direct Deposit for the transaction to be allocated to the ABA file list

On the Allocate tab the amounts have been brought in for the Australian Taxation Office from Accounts Payable. Enter the amount to be allocated in this payment.

Click on Save & close and the payment has now been added to the list of payments able to be used for creating an ABA file.

Employee Payments

From the vertical navigation menu, expand Day to day menu, in the Money Out section click on Make payment, then click on Add.

Complete the fields ensuring –

Payable type has Payroll Payable selected
Correct Employee contact is selected
Payment method must be Direct Deposit for the transaction to be allocated to the ABA file list