establish and maintain payroll system
Task 3: Complete Manual Wage Calculation PR3.1 For this part of the assessment, you are required to manually complete the wage calculations for the first fortnight for Hannah Scofield, Jodie Stafford and Edward Morgan. This is to put emphasis on the importance of knowing how to compute pays manually, should a computerised system ever be available or out of action. Steps to take: 1. Locate the tables for each employee on the following pages. Use this to document your wage calculations for each employee. 2. Using the time sheets completed in Task 2.2 of this assessment, manually complete the wage calculations for the first fortnight for Hannah Scofield, Jodie Stafford and Edward Morgan Access the internet and use the following documents to complete this task: Fortnightly Tax Table 2019 - 2020 HELP/SSL/TSL Fortnightly Tax Table 2019-2020 Follow the guidelines below in completing the wage calculations. . . Guidelines: Total Gross Pay is calculated by adding Ordinary Hours, Overtime, Personal Leave, Annual Leave, Annual Leave Loading and Public Holiday payments. Obtain PAYG Withholding figures from the Fortnightly Tax Table (NAT 1006) for Tax Free Threshold and No Tax Free Threshold. For the PAYG Withholding figure for an individual with Tax Free Threshold + HECS + HELP, add the figures from the Fortnightly Tax Table and the HELP/SSL/TSL Fortnightly Tax Table. Indicate which items are included in calculating PAYG Withholding figures by writing 'Yes' under the column Tax. Otherwise, write 'No.' E.g. Payments for ordinary hours worked are included in this calculation and must be marked 'Yes' under the column for Tax. Allowances are not included in this calculation and must be marked 'No'under the column for Tax. Net Wage is computed by adding the Total Gross Pay to Allowances (Meal or Car) and deducting PAYG Withholding and Child Support amounts. . Superannuation figures are computed by multiplying the total of Ordinary Hours, Leaves and Holidays by 9.5%. Note that overtime payments are not included in calculating superannuation contributions. Nor is unused leave that is being paid out on termination, or any early retirement incentives. Indicate which items are included in calculating superannuation contributions by writing 'Yes' under the column Super. E.g. Payments for ordinary hours worked are included in this calculation and must be marked 'Yes'under the column for Super. Overtime payments and allowances are not included in this calculation and must be marked 'No' under the column for Super. HANNAH SCOFIELD Tax-Free Threshold Category Qty Rate $ per hour Tax (Yes or No) Super (Y or N) Value $ Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave Hours Annual Leave @ Meal Allowance Kms Car Allowance Unused Long Service Leave Early Retirement Incentive TOTAL GROSS: PAYG Withholding: NET WAGE Superannuation on Wages: JODIE STAFFORD No Tax-Free Threshold Qty Category Rate $ per hour Tax (Y or N) Super (Y or N) Value $ Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave @ Hours Annual Leave @ Meal Allowance Kms Car Allowance TOTAL GROSS: PAYG Withholding: Super Payable after tax Superannuation on Wages: NET WAGE: EDWARD MORGAN Tax-Free Threshold Tax (Y or N) Qty Rate $ per hour Super (Y or N) Value $ Category Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave Hours Leave Loading Hours Annual Leave @ Meal Allowance Kms Car Allowance TOTAL GROSS: PAYG Withholding: Superannuation on Wages: NET WAGE: Task 3: Complete Manual Wage Calculation PR3.1 For this part of the assessment, you are required to manually complete the wage calculations for the first fortnight for Hannah Scofield, Jodie Stafford and Edward Morgan. This is to put emphasis on the importance of knowing how to compute pays manually, should a computerised system ever be available or out of action. Steps to take: 1. Locate the tables for each employee on the following pages. Use this to document your wage calculations for each employee. 2. Using the time sheets completed in Task 2.2 of this assessment, manually complete the wage calculations for the first fortnight for Hannah Scofield, Jodie Stafford and Edward Morgan Access the internet and use the following documents to complete this task: Fortnightly Tax Table 2019 - 2020 HELP/SSL/TSL Fortnightly Tax Table 2019-2020 Follow the guidelines below in completing the wage calculations. . . Guidelines: Total Gross Pay is calculated by adding Ordinary Hours, Overtime, Personal Leave, Annual Leave, Annual Leave Loading and Public Holiday payments. Obtain PAYG Withholding figures from the Fortnightly Tax Table (NAT 1006) for Tax Free Threshold and No Tax Free Threshold. For the PAYG Withholding figure for an individual with Tax Free Threshold + HECS + HELP, add the figures from the Fortnightly Tax Table and the HELP/SSL/TSL Fortnightly Tax Table. Indicate which items are included in calculating PAYG Withholding figures by writing 'Yes' under the column Tax. Otherwise, write 'No.' E.g. Payments for ordinary hours worked are included in this calculation and must be marked 'Yes' under the column for Tax. Allowances are not included in this calculation and must be marked 'No'under the column for Tax. Net Wage is computed by adding the Total Gross Pay to Allowances (Meal or Car) and deducting PAYG Withholding and Child Support amounts. . Superannuation figures are computed by multiplying the total of Ordinary Hours, Leaves and Holidays by 9.5%. Note that overtime payments are not included in calculating superannuation contributions. Nor is unused leave that is being paid out on termination, or any early retirement incentives. Indicate which items are included in calculating superannuation contributions by writing 'Yes' under the column Super. E.g. Payments for ordinary hours worked are included in this calculation and must be marked 'Yes'under the column for Super. Overtime payments and allowances are not included in this calculation and must be marked 'No' under the column for Super. HANNAH SCOFIELD Tax-Free Threshold Category Qty Rate $ per hour Tax (Yes or No) Super (Y or N) Value $ Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave Hours Annual Leave @ Meal Allowance Kms Car Allowance Unused Long Service Leave Early Retirement Incentive TOTAL GROSS: PAYG Withholding: NET WAGE Superannuation on Wages: JODIE STAFFORD No Tax-Free Threshold Qty Category Rate $ per hour Tax (Y or N) Super (Y or N) Value $ Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave @ Hours Annual Leave @ Meal Allowance Kms Car Allowance TOTAL GROSS: PAYG Withholding: Super Payable after tax Superannuation on Wages: NET WAGE: EDWARD MORGAN Tax-Free Threshold Tax (Y or N) Qty Rate $ per hour Super (Y or N) Value $ Category Hours Ordinary Time @ Hours Overtime x1.5 Hours Overtime x2.0 Hours Personal Leave Hours Leave Loading Hours Annual Leave @ Meal Allowance Kms Car Allowance TOTAL GROSS: PAYG Withholding: Superannuation on Wages: NET WAGE
