Why is Pay Item an important feature?
Pay items are the components that make up a the whole pay which could either be earnings or deductions.
Types of pay items could include:
- Salary/Wages
- Superannuations
- Allowances
- Child Support Deductions
- HECS debt deductions
So not all employees are paid in the same format...
Between HELP debt and Child Support deductions, not to mention different types of back pays and allowances - it is important for a payroll officer to master the technique in creating a pay item effectively.
To find out how to master the technique of creating a new pay item in MYOB Exo Employer Services, please go to our Customer Portal for a step-by-step guide.
