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Setup Payroll Vendors
This section helps better manage Payroll Liabilities by providing Payroll Categories for Management Reporting and separating the various Payroll Balance Sheet accounts into unique payroll related Payroll Liability Control Accounts, e.g. Superannuation Payable
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Set the Australian Taxation Office as Tax Office for Payroll Category and leave the default AP/Balance Sheet Account as PAYG. This vendor is not exclusively payroll related. Other payments for GST and Company Income Tax are also associated with this Vendor. |
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