The end of the financial year approaches and you need to have your employees' payment summaries available for the ATO and them. No worries, with Paycycle it's easy!

About Payment Summaries

There you'll see all your employees listed, and for each of them their payment summary.

These include: earnings, tax and super contributions made to each employee for the past financial year.

Except for fringe benefits, all other information is automatically calculated by Paycycle (from the opening balances and payruns conducted in that financial year). Make sure however that you check that the info is correct and there's nothing missing (especially the Reportable Fringe Benefits, which you need to input manually).

When all is good, click SAVE.

More Related Information

Summaries for the ATO

Summaries for your Employees