Payroll Framework

The options within Payroll Framework are essentially the 'building blocks' of your Company's setup within Ready Pay.

Each of the menu items listed here will link to the relevant topic located in the associated area.

 



Menu Item Description
Pay Items Pay items are a core building block of the system and are used to process any monetary items in the payroll
Employment Conditions These are used to control rates of accrual for various leave types, as defined by the governing award.
Superannuation Funds The Superannuation fund file stores any funds to which contributions are made.
States A state is the highest level of the costing structure in Ready Pay
Cost Centres A cost centre is part of the costing structure in Ready Pay.
Departments A department can be a physical location or a workplace grouping, but it is the base costing level within Ready Pay.
Tax Rates This area holds the Tax Rates for each Financial Year and is where Tax Rates are updated.
Templates Templates are used to define a set of pay items and rates common to a group of employees.
Workplaces Workplaces are an optional component of the Ready Pay Framework, used to calculate workcover liability premiums.
Pay Period Cycle Sets This allows you to define the pay periods for multiple groups of employees.
Work Patterns This allows you to define your organisation's different work patterns, i.e. hours and days worked over a repeating series of weeks.

 

Note: See also Adding and Maintaining Company Information which lists everything within the Company menu (particularly Maintain company details).

Return to Payroll Overview