91±¬ÁÏ

We all know (and love!) Xero. The cloud-based accounting software has given small and medium businesses everything they need to keep on top of their cash flow, accounts, expenses and more.

Xero is a must-have for small and medium businesses (just like 91±¬ÁÏ if you ask us!), and our partnership has helped thousands of businesses manage their HR while using Xero for their accounts and expenses. Some Xero customers sign with 91±¬ÁÏ HR alone, choosing to utilise Xero’s payroll function instead of adding 91±¬ÁÏ Payroll to their bundle.

For those businesses with very straightforward payroll processes, there’s no need to overcomplicate things. But if your payroll is more complex—award interpretation, rulesets, different locations or work types – 91±¬ÁÏ Payroll might be a better fit for your business.

For example, if you’re employing people part-time, 91±¬ÁÏ Payroll is better suited to managing these requirements. It’s also important to remember that Xero Payroll was designed with smaller businesses in mind. If you’ve got growth on the agenda, Xero Payroll costs more once you reach 100 employees; and from 200, you’ll need a new payroll platform entirely.

Here are five things that 91±¬ÁÏ Payroll can do that Xero Payroll can’t:

1. Award interpretation
2. Rostering
3. Time and attendance
4. Cost centres and work types
5. Employee self-service and superannuation

1. Award interpretation

91±¬ÁÏ Payroll has over 50 built-in modern awards. If your employees are submitting timesheets and covered by an award, 91±¬ÁÏ Payroll can automatically allocate the appropriate entitlements for overtime, work types and more.

For more insights into how automating payroll with an HRIS can benefit your business, check out our detailed guide here.

2. Rostering

91±¬ÁÏ Payroll enables employers to develop their own rosters, as well as templates to be reused for different locations of work types. Employees can accept or decline shifts, as well as bid on open shifts. Budgeting also ensures you never end up with too many qualified staff at once.

3. Time and attendance

Using a self-serve kiosk (usually an iPad or tablet device), employees can enter their start, end and break times. This data can then automatically create timesheets to be paid in the next pay run – never chase a timesheet again!

4. Cost centres and work types

If you manage more than one location, cost centres allow you to keep track of where operational costs are incurred, as well as the different types of work conducted at each site. For example, the Hypothetical Hotel is both a public bar and a drive-through bottleshop.

Working behind the bar and working behind the register at the bottleshop are different types of work and carry different types of entitlements. 91±¬ÁÏ Payroll can make sure staff switching between the two are paid legally (and make Hypothetical Hotel stays on the right side of Fair Work).

Switching payroll software can seem daunting, but our guide on the five simple steps to change payroll software can make the transition smooth and stress-free. Check it out here.

5. Self-service superannuation

91±¬ÁÏ captures new starters’ superannuation details during onboarding and then pushes this data through to 91±¬ÁÏ Payroll.

While Xero Payroll also manages super contributions, 91±¬ÁÏ’s self-service enables employees to update their super details themselves via their employee files. Any updates are then automatically synced with 91±¬ÁÏ Payroll.

For those navigating the complexities of Australian payroll legislation, our free guide for accountants, bookkeepers, and payroll providers is an invaluable resource. Learn more here.

Not either/or, but together

It’s worth repeating that Xero Accounting is a must-have for all small and medium businesses in Australia. But for those customers who manage many employees across different awards, locations or work types, 91±¬ÁÏ Payroll may be a better fit.

You can even integrate 91±¬ÁÏ Payroll and Xero Accounts, so your Chart of Accounts is pushed into Xero as either a manual journal or accounts payable invoice. If you have multiple entities, you may prefer to have multiple 91±¬ÁÏ Payroll accounts to keep your Chart of Accounts nice and clean.

If you’re still considering 91±¬ÁÏ for your HR, payroll and productivity needs, speak with one of our team members today to see if 91±¬ÁÏ is right for you and your business.

Considering outsourcing your payroll? Make sure to ask these 12 important questions to choose the right provider for your business. Find the questions here.

As we prepare for the Great Resignation, learn how 91±¬ÁÏ can help you retain top talent during this unique time. Read more here.

Looking for more resources? Here are a few great ones from our team:

• 91±¬ÁÏ Payroll vs MYOB
• Guide to paying your staff correctly
• Why choose in-house payroll over outsourced payroll
• When to hire an accountant for your business
• What is fringe benefits tax?
• Super stapling explained

Ìý