D Audio & Videa Insert PDF Reflow Typewriter Highlight From PDF Rotate Right fa From Clipboard File Sign View Comment Create Protect hen... X Crowe egy AB 1160 412 National Provider CRCOS Power Code: Syy: Love, St Sydney W OP HO FA3338 wychom 11,7 SSW MOF 2 HOME Can Suite 1. Level 4, Cameron Avenue, Barne, ACT 26 PB23314 VI. VII. Balance sheet for year ended 30 June 2020 As you need to reconcile grass wages and superannuation for the 2019/20 financial year, prepare the payment summaries for the 30 June 2020 financial year for each employee 11. Send an email to your Assessor: It should introduce and summarise the contents of the attachments and advise them of the payroll information from the reports that are to be included in the IAS and BAS. The email text should also explain to your assessor at least one cause why reports might not reconcile and how to rectify this. Attach the six reports and the payment summary for each employee to the email. 12. Update Records: Assume that Alice Brown has recently had a salary review and his salary has been increased to $59.500. Update his records. Show your assessor that you know how to do this in MYOB. 13. Establish a Backup and Disaster Recovery System: Assume that you have been tasked to ensure that there is a strong back up and disaster recovery system in place. Research how to do this for MYOB and then write a simple procedure for back up and disaster recovery. Create a new Word document and write the procedure in this. Submit it with this Assessment Task. ( 16/9 41% FS E e F O . FS F10 F11 & * % 5 4 ( 6 7 8 9 0 R T Y o F G H J IK V B. View Comment Create Protect Links Insert nen... 8. Produce Payroll Records The Oz Office Supplies Payroll Policy and Procedures state that when you have completed the tasks above, you are required to submit the following end of month reports: Payroll summary report for June 2020 II. Payroll register report for June 2020 III. Payroll activity (summary) report for June 2020 IV. Profit and Loss Statement for June 2020 V Balance Sheet as at 30 June 2020 VI. Entitlement Balance (summary) report for June 2020 VII. Superannuation accrual by fund (summary) report for June 2020 Create a folder and save all of the summary reports you have generated as pdf files. Follow the O2 Office Supplies policy on storage of electronic files to store all end of month reports under Payroll summary reports for the month in question. 9. Send an Email to your Assessor: It should introduce and surmarise the contents of the attachments. Attach the payroll records that you created to the email. 10. Complete Checks and Balances: This part of the assessment requires you to complete checks and balances as follows: a) Check that the payroll activity report and the payroll register report match and that the subsidiary ledger agrees with the control accounts. b) Complete the reconciliations of payroll on the June Payroll Checklist as provided. c) Reconcile the PAYG withholding. d) Pay payroll liabilities including Health Insurance, Union Fees, Superannuation and PAYG withholding to the ATO. e) Check the balance sheet as at 30-06-2020 to confirm all payroll liabilities have been paid Create and save a copy of each of these reports: 1 Payroll reelster isummary report for vear ended June 2020 (5/9 41% F7 A FS F10 --- F11 $ % 4 5 6 7 * 00 9 ) O R T Y C o F G H J K V B N M V IT Reflow Rotate Left Rotate Right 11 Typewriter Highlight Bookmark shle Blank From He From Clipboard Create PDF Sign Protect Image An Audio & Inser View Comment Links sessinen... X Crown Te ARNS 136 412 Movie 21 ORKES Provider Code ETOO Marthinery Camp 1 PcHighway Horney NSW 2000 FOF Syy: Level 3,303 ist Sydney low 2000 P029 MDF3310 Sycyl L, Sprey W 2000 POHL Cam Campus Sute. Level 4, en Avenue, BC, ACT 2017 F02 333 334 3. Prepare and Process Payroll You are required to process payroll according to the time frame identified in the Oz Office Supplies Payroll Policy and Procedures and according to the Time Sheet Summary Assume that you are provided the time sheet summaries each week, as set out in the Payroll Policy and Procedures. Complete all of the actions that are required by the Payroll Policy and Procedures to process the payroll for the week ending 7 June 2020, noting that this will also include payment of superannuation (payroll liabilities). 4. Send an email to the Finance Manager (Your Assessor it should state that the payroll details have been entered into MYOB and seek their approval to process the pays as set out in the Payroll Policy and Procedures. Your assessor in the role of the Finance Manager will give their approval or ask you to make any necessary alterations verbally. 5. Process the Payroll: You are required to process the pay and submit the pay slips for Alice Brown, Ben Clark and Chris Dean and prepare electronic payments for the week ending 7/6/20. Your assessor will check these to make sure you have entered all of the information accurately. 6. Process further Payroll Periods: Repeat this process that you carried out in activity 4 for weeks ending 14/6/20, 21/6/20 and 28/6/20 using the information provided to you. It is not necessary for you to email the Finance Manager for their approvaltor these weeks. 4/9 409 X Y CA FG F7 FO F9 F10 --- F11 $ 4 % 5 6 & 7 8 ( 9 R T Y U F G H J IK V View Comment Create Protect! Links Irrot sessmen... 7. Handle Discrepancies Assume you have received the following email from Chris, one of the employees. Dear Payroll Officer I have just received my pay slip for the week. I have only been paid for 12 hours, whereas in fact I worked 2 hours. Can you please update this, so I can be paid the correct amount Thanks Chris FNSTP8402 Anesment Test 0211 Paye 49 Crowne of Busine de ARN 16 LED 412 Nations Provih 90371 CHICOS Y Code: 210 Marthy Campu: 116 d Highwytysney NSW 2060 895 SAS F31 Sydney Campus Level. 101 Styrey Now 2000 P02 99 6340 FO 1138 Sowych Campus Level 11,101 P. Sydney SW 2000 F 2 OMAR Canberracan Suite 1. Level 4, 40 Cameron Avenue, Biconen ACT 2017 POC 1134 Review the Payroll Policy and Procedures and follow the correct procedure for handling discrepancies. Assume that your assessor is the Administration Manager. Once you receive approval, you should also demonstrate to your assessor how to make the relevant change in MYOB. 8. Produce Payroll Records The Oz Office Supplies Payroll Policy and Procedures state that when you have 14/9 HE 41%) C Fo FB F10 F11 $ 4 % 5 6 8 7 8 9 R T Y o F G H J K L V B N M 3 Protect Share Connect Help Extras Tell me what you want to do.. e TT TI h 75% Rotate Left Rotate Right From Scanner Blank ia From Clipboard Link File Attachment Bookmark Image Annotatio Audio & Video Reflow Typewriter Highlight le From File PDF Sign Protect View Create Comment Insert Links ssmen... OGLI PRO P1 Level 4, Cameron Alder, ACT 2017 (b) Set up Payroll Information as per the company information provided to you. (c) Assign linked payroll accounts (d) Review payroll categories included in MYOB and enter the information provided to you. In some cases, MYOB automatically includes the information and you will need to check this. (e) Huild the employee ist by using the Employee Information provided to you. As you are entering the information about annual leave, explain to your assessor standard employment entitlement for annual leave according to the National Employment Standards. (1) One of the employees, Alice Brown has a salary sacrifice arrangement in place whereby he pays an additional 28 of his salary into superannuation. Enter this amount into MYOB under superannuation. > Explain to your assessor what salary sacrifice (sometimes also known as salary packaging) is. > Give at least three examples of salary sacrificed benefits and three important considerations for a salary sacrifice arrangement. You should also explain Fringe Benefits. Your assessor will make notes on your verbal explanation in the checklist. (8) As stated in the information provided to you, one of the employees is covered by an Award. Ask your assessor about their entitlements in relation to Rostered Days Off. Your assessor will provide these to you. Enter this information into MYOB to allow for rostered days off. If you do not know how to enter rostered days off into MYOB, use the help function to assist you to enter this information or research this information on the Internet Thy Wharmalad antall the area information on the 3/9 CE E 40% FS FY F8 FO F10 F11 $ 4 % 5 & 6 * 00 7 9 > O R T Y F F G H K Rolate Right Audio & Video Fle From Clipboard Create View Sign Protect Comment Links Insert nen... Scope of services Describe the scope of payroll services that a BAS Agent can provide. Also find out how the services provided by a bookkeeper differ to that of a registered BAS Agent. Experts Locate, and record the details of at least two local experts who could help if assistance was required with payroll services. Give the name of the individuals or companies, their contact details, and the services they provide. Termination Name and outline the legislation that covers notice of termination and final pay for Australian workers. Use the Fair Work Ombudsman website below to help you identify how much notice Oz Office Supplies' employees must be given if their employment is to be terminated. List also the company's payroll obligations to the terminated employee if Oz Office Supplies decides to pay an employee out rather than let them work out their notice period. Required: Write a short (about a page) report that includes the information that you have collected on the above. Use the Payroll Preparation Report Template to guide your work 2. Set Up Payroll System: Using the Company Information and Employee Information for Oz Office Supplies, set up the payroll system for the company as outlined below. Before you start this task, find out about annual leave entitlements as set out in the National Employment Standards, based on the employment status of each employee. You will need to use this information when setting up the payroll system and when you are required to explain entitlements to your assessor. Complete all of the following tasks: (a) Click on the load Tax Tables button to check that the latest tax tables have been www-bal-L- 2/9 ) 40% x A ES 16 F7 FO F9 F10 F11 $ & % 5 4 6 00* 7 C 9 0 R T Y 1 o F G H J K IV B N M Explain to your assessor what salary sacrifice (sometimes also known as salary packaging) is. > Give at least three examples of salary sacrificed benefits and three important considerations for a salary sacrifice arrangement. You should also explain Fringe Benefits. Your assessor will make notes on your verbal explanation in the checklist. (8) As stated in the information provided to you, one of the employees is covered by an Award. Ask your assessor about their entitlements in relation to Rostered Days Off. Your assessor will provide these to you. Enter this information into MYOB to allow for rostered days off. If you do not know how to enter rostered days off into MYOB, use the help function to assist you to enter this information or research this information on the Internet Thy Wharmalad antall the area information on the 3/9 CE E 40% FS FY F8 FO F10 F11 $ 4 % 5 & 6 * 00 7 9 > O R T Y F F G H K Rolate Right Audio & Video Fle From Clipboard Create View Sign Protect Comment Links Insert nen... Scope of services Describe the scope of payroll services that a BAS Agent can provide. Also find out how the services provided by a bookkeeper differ to that of a registered BAS Agent. Experts Locate, and record the details of at least two local experts who could help if assistance was required with payroll services. Give the name of the individuals or companies, their contact details, and the services they provide. Termination Name and outline the legislation that covers notice of termination and final pay for Australian workers. Use the Fair Work Ombudsman website below to help you identify how much notice Oz Office Supplies' employees must be given if their employment is to be terminated. List also the company's payroll obligations to the terminated employee if Oz Office Supplies decides to pay an employee out rather than let them work out their notice period. Required: Write a short (about a page) report that includes the information that you have collected on the above. Use the Payroll Preparation Report Template to guide your work 2. Set Up Payroll System: Using the Company Information and Employee Information for Oz Office Supplies, set up the payroll system for the company as outlined below. Before you start this task, find out about annual leave entitlements as set out in the National Employment Standards, based on the employment status of each employee. You will need to use this information when setting up the payroll system and when you are required to explain entitlements to your assessor. Complete all of the following tasks: (a) Click on the load Tax Tables button to check that the latest tax tables have been www-bal-L- 2/9 ) 40% x A ES 16 F7 FO F9 F10 F11 $ & % 5 4 6 00* 7 C 9 0 R T Y 1 o F G H J K IV B N M