Ironclad Single Touch Payroll & Superannuation Clearing
Managing payroll across complex Australian enterprise awards is one of the highest legal liability zones for directors. Inadvertently failing to pay overtime rates on weekend shifts or miscalculating leave loading triggers severe penalties from the Fair Work Ombudsman.
Taxnet structures your MYOB payroll engine with customized pay items, superannuation guarantee rate triggers, and automatic SuperStream clearing house integration. Every pay run is disaggregated to the ATO with digital precision.
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Frequently Asked Questions
Why should we upgrade our older MYOB desktop software to the cloud?+
Older desktop versions (like AccountRight v19) lack Single Touch Payroll (STP) Phase 2 compliance, require manual software patches, risk catastrophic data loss on local hard drives, and prevent remote access. Upgrading to MYOB Business Cloud gives you bank-grade data security, automated daily bank feeds, ATO-compliant payroll, and multi-user access anywhere in the world.
How does Taxnet manage the migration from desktop AccountRight to the cloud?+
We perform a comprehensive pre-migration file health check, purge obsolete accounts and duplicate cards, verify historical trial balance matching, and upload the file to MYOB Cloud. We balance bank reconciliation accounts and confirm opening balances before releasing the live environment to your team.
Can MYOB handle complex Australian Modern Award wages and enterprise agreements?+
Yes. MYOB has one of the most powerful award payroll engines in Australia. Taxnet configures complex shift penalties, RDO accruals, meal allowances, tool allowances, and salary sacrifice arrangements, ensuring you never risk Fair Work underpayment compliance penalties.
Is MYOB better suited for businesses with heavy inventory than other cloud platforms?+
Yes. For manufacturing, wholesale distribution, and multi-location retail businesses, MYOB's native inventory capabilities—including bill of materials, assembly items, serial tracking, and backorder management—are exceptionally robust and handle high transaction volumes without requiring expensive external inventory plugins.
Do you offer ongoing MYOB bookkeeping and payroll support?+
Yes. In addition to initial setup and migration, Taxnet provides ongoing weekly, fortnightly, or monthly bookkeeping and payroll management in MYOB, guaranteeing all BAS, super, and payroll commitments are lodged on time.
Modernize Your Business With MYOB
Speak with our certified MYOB Practice Specialists in Melbourne to plan a seamless cloud migration, configure complex awards, and optimize inventory.