GD Accounting Glossary
Glossary › Payroll

Payroll

The process of paying employees — calculating gross pay, withholding tax, adding super, and reporting to the ATO via STP.

Payroll covers everything involved in paying staff: hours and salaries into gross pay, PAYG tax withheld, superannuation calculated, leave accrued, and payslips issued.

In Australia, Single Touch Payroll reports each pay run to the ATO as it happens, so payroll accuracy is a live compliance matter, not a year-end reconciliation exercise.

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