- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Hi, I'm a Sole Trader in Australia who wants to learn how to use the Payroll feature to pay Sub Contractors Superannuation. Could someone please advice me on how?
Labels:
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Payroll and STP
Hello there, Aaron.
In QuickBooks, we can add your Subcontractor as an employee with the employment type of Superannuation Income Stream. Here's how:
- Open QuickBooks, then go to Payroll.
- Click Add Employee.
- Fill in the necessary information.
- Click Next to proceed to the Employment details.
- Under the Employment Type, Select Superannuation Income Stream.
The STP tax category for the payee must be set as ATO-defined> Non-employee. You can set this up under Tax File Declaration after you complete the employment details by selecting Next.
After that, you can create a New Pay Run for your Subcontractor in the upper right corner. See screenshot below.
After creating a pay run for this Subcontractor, you'll be able to create a super batch payment for them. For more detailed information, refer to this article: Setting up Super Payments with Beam in QuickBooks Online.
If you have any other questions, let us know in the comments below.