Xero Tips & Tricks Issue 2 | Page 4

BANK TRANSFER RULES If you frequently transfer money between bank accounts, you can now create a transfer rule. This rule works like a receive or spend money rule, but will automatically transfer between bank accounts. When you click on the create rule button from the bank account screen, a new option will be available which will allow you to create a transfer rule. A great time saver for those with multiple bank accounts! PAYROLL TIPS AND TRICKS SETUP AUTO SUPER Processing payroll can be quite difficult and time consuming. With this is mind, we hope these tips will make your life that little bit easier. If you are using Xero payroll and have more than 1 employee, Auto Super will come free with your subscription. USE XERO'S MY PAYROLL Auto super allows you to process your super guarantee payments directly from your Xero file and will mean that you are Super Stream compliant. Xero takes the data from your pay runs, to ensure that you pay the correct amount of super every quarter and will take the payment directly from your bank account with a few clicks of the mouse. My Payroll gives your employees the ability to access their employee records via Xero and allows them to see their personal details, update their timesheets, apply for leave, see leave balances and view their payslips. My Payroll can be accessed via the internet or employees can download the Xero Me app for IOS or Android via their app store. It really is very easy to use and ensures accurate and timely payment of superannuation obligations. If you are not yet using it, I strongly recommend you consider it. For more information about My Payroll see the below link or contact our office. https://help.xero.com/au/MyPayroll 2