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Follow on Google News | Payroll Solutions: Do you need a bookkeeper?By: Sky Accountants These accounting, bookkeeping and payroll solutions can calculate tax but can't tell what to pay people. Australian businesses need experts who check the input of data to make sure the right amount is paid. They should not put such a high level of trust in accounting, bookkeeping and payroll solutions and believe these will fix their problems. A payroll platform is similar to Excel that if you get it wrong, Microsoft won't be responsible. Businesses can't blame the systems for mistakes and underpayments especially if they do not invest in compliance to get their obligations right. While payroll processes are robust, getting your obligations right still requires human oversight. So far, payroll products still can't calculate long service leave correctly, among others. Both Xero and MYOB, Australia's largest players in small business payroll and accounting software, said that their systems have limited ability to recognise errors and users are advised to seek counsel from accountants and bookkeepers to make sure they remain compliant. According to a MYOB spokesperson, their terms reflect the legal requirement that payroll responsibility lies with the employer and they advise small businesses to engage with experts. According to Xero Australia head Matthew Prouse, payroll software is only part of the solution and is only as accurate as the data entered into it, combined with the user's knowledge and experience. As you look for different ways to grow and improve your business, seeking professional advice could prove to be an important and helpful decision. You can click here (https://www.skyaccountants.com.au/ End
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