Paycycle has announced a raft of new features to its payroll service to kick off the new financial year for small businesses using its payroll services.
Stuart McLeod, co-founder of Paycycle believes small business should act fast before the new financial year starts to sure up their payroll systems before June 30.
“The end of financial year is upon us again, and now is the time to get organised and ready for the year ahead. Reconciling total earnings, total tax and superannuation are all steps those running payroll must take to ensure their payment summaries are prepared ready for the ATO before July 14th.” he said.
Paul Meissner, Director, Five Ways Accounting, believes Paycycle makes things easier for his clients as well as himself come end of financial year time.
“The end of the financial year might be a daunting thing for small business owners, but Paycycle makes it easier for my clients and my practice. With its up to date reports, downloadable files and payment summaries, the end of the financial year becomes less of a hassle. Also, the fact that it’s integrated with Xero helps me and my clients reconcile and have updated figures anytime, anywhere.”
Stuart McLeod continued: “After a fantastic couple of months following our launch in April, we have responded to customer feedback and added great new features to ensure our online payroll service delivers all the functions small business users need.”
The look and feel of Paycycle ensures that all its features and processes are straightforward and run trouble free, even for those running their first ever payroll. It is also fully integrated with the leading online accounting systems, including Xero.