Create a New Pay Item
Pay items define the individual components of an employee's pay — earnings, deductions, superannuation contributions, and leave entitlements. You must create pay items before they can be used in a pay run.
Steps to Create a Pay Item
- Navigate to Payroll > Pay Items.
- Click the Add Pay Item button.
- Select the pay item type:
- Earnings — wages, overtime, allowances, bonuses, commissions.
- Deduction — salary sacrifice, union fees, child support, workplace giving.
- Superannuation — employer SG, salary sacrifice super, additional employer contributions.
- Leave — annual leave, personal/carer's leave, long service leave.
- Enter the pay item name (e.g. "Ordinary Hours", "Travel Allowance").
- Set the calculation type:
- Hours x Rate — for time-based earnings.
- Fixed Amount — for flat-dollar amounts per pay period.
- Percentage — for percentage-based calculations (e.g. super as % of OTE).
- Configure tax and super settings. See Tax and Super Settings for Pay Items.
- Select the ATO reporting category to ensure correct STP classification.
- Click Save.
Default Pay Items
Myaccountant automatically creates standard pay items when you set up payroll:
- Ordinary Hours
- PAYG Withholding
- Superannuation Guarantee
- Annual Leave
- Personal/Carer's Leave
You can modify these defaults under Update Existing Pay Items.