How do I create a new wages category in MYOB Payroll?

The principle behind creating a new wages category is always the same, whether it be for long service leave or for a tool allowance. Mostly, it’s a case of following your nose and using your common sense.

To create a new wages category, click the Wages tab in Payroll Categories, followed by the New button. Next, choose whether the new payroll category is Salary or Hourly: select Salary for allowances, commissions and other non-hourly amounts; or select Hourly for sick pay, holiday pay, reimbursements and overtime.

If a wages category is exempt from PAYG tax (such as a meal allowance or employee advance), click the Exempt button, and place a tick against PAYG Withholding.

Tip

When working in your Payroll Categories list, it’s a good idea to delete unused categories, because they only cause confusion and leave potential for error. To do this, double-click the category name, go up to Edit on the top menu bar and select Delete Category.

The contents from this page are taken from Making the Most of MYOB Payroll, 2nd edition, by Veechi Curtis, available online for only $19.95

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