Single Touch Payroll 2 is the auto upload of the payroll data directly into the ATO and includes many additional components of the payroll rather than just a gross wages and taxes
Payroll system in general have up to December 2022 to fully comply with the extra requirement of STP 2.
STP2 is a statutory mandated date after which the payroll system will not be permitted to be used.
It will take time to comply as the current payroll system will need to add the additional requirements for each client.
Being an Australian based Rostering, Time and Attendance, Award Interpreter and Payroll system designer and supplier Inzenius is best positioned to understand and support the requirements of the regions complex pay and leave conditions and rules.
Our developers have built the most comprehensive compliant automated Award Interpreter that accurately processes the payroll of each employee from their approved Timesheet efficiently.
Our Australia based support team are recognised for their skills and empathy to the clients needs; They Are The Best.
The upgrade to Single Touch Payroll (STP2) is here now and is requirement of your payroll system. Inzenius has moved to its STP 2 upgrade with clients updated and running.
What is the status of your payroll system’s accuracy and STP compliance?
Inzenius SBR2 is whitelisted and approved by the Australian Tax Office.
Our clients are using our STP2 system well before their June 30th deadline.
Payroll accuracy investigations by the Fair Work Ombudsmen may also be a problem.
Payroll underpayments may lead to FairWork audits, remediation of backbays to as much as 6 years and even criminal investigations and penalties.
Businesses need to ensure their payroll is compliant. Payroll efficiency through automated award interpretation reduces the risks of errors and omissions.
It is important to reduce the risks associated with manual payroll calculations and uploads. Substantial time and costs associated with payroll resources are achievable with the full Rostering to Payroll in one system.
That’s the Inzenius way, with its award-winning comprehensive Award Interpreter built specifically for the complex Australian and New Zealand conditions by our local Australian-owned and operated business.
Automated accurate payroll & leave interpreters reduce risk and save time.
Inzenius in one Rostering, Timekeeping, Award Interpretation & Payroll.
Direct STP reporting with data flow to your HR and Accounting systems.
Cross-business unit dynamic visibility of employee planned attendance compared to actual and authorised times and cost in the one system.
Excellent Employee Experience communications to and from their devices.
- Roster with acknowledgement option
- Timekeeping with GPS tagging
- Approved timesheet sign-off
- Payslips record publication
- Leave requests and approvals
- Details updates
- Communication with managers
Inbuilt statuary reports and exports.
Flexible data Dashboards and Reports creation service using MS Power BI.
Telstra Innovation Award Winning System.
Leader in complex Award Interpretation from timesheets.