Admit it. New Zealand Payroll processing is a complicated business. You must track all your employees’ hours, calculate their wages, withhold their taxes, Kiwisaver and other deductions, deposit their payments, navigate the payroll software, and keep up-to-date on the latest payroll procedures and regulations. That’s a lot to manage! Who processes your payroll? Whether you…
Payroll Tips With Christmas fast approaching and summer in NZ its that time when most of us start thinking about our summer break. But if you are an employer it also means Christmas pays and all the complexity that goes with it. Here are answers to some of our commonly asked questions but as always…
Victories at MYOB Partner Connect 2018 3rd Arm Admin has had a busy few months, recording two milestones at this year’s MYOB Gala Dinner and Partner Awards at Queenstown, New Zealand. Firstly – Sue Inkersell, Owner and Managing Director, was awarded Bookkeeper of the Year, and secondly – MYOB recognised 3rd Arm Admin for Bookkeeping…
Keep it out of the family: why outsourcing is better Keeping books and administration work up to date is essential for your business. Tracking outgoing expenses, payroll, and revenue is important to meet your goals and scale your business. Small businesses and creatives often do their own bookkeeping to save on costs. However, the truth…
Pay Day Reporting – what does this mean to me?? What is Pay Day Reporting? I’m sure you’ve heard the words pay day reporting or pay day filing being bantered around in conversations and the media recently – but what is it and how does it affect you? From 1 April 19 all employers must:…
Why Hiring a Payroll Service is a Winning Strategy for SMBs Running a small to medium-sized business (SMB) can be a complex process. More often than not, the CEO or owner has numerous job descriptions that can range from sales manager to financial officer – and handling all these various tasks can be draining and…
5 Basic Steps to Payroll Processing Paying meticulous attention to the payroll process is essential to ensuring your employees are promptly compensated and that your business continues to operate seamlessly. Processing payroll is a detail-oriented task that requires time and concentration so all the steps are accomplished correctly. Improper payroll processing can have adverse effects on your…
A History Lesson: The Evolution of Payroll Processing Payroll has grown and evolved its systems and technologies into what businesses worldwide use today. Different organisations may have their own unique systems and subscribe to a variety of payroll services, but the purpose of payroll and its textbook definition is understood to be the same: it is…