Create a payroll procedure using a flowchart for a payroll software system, such as MYOB or XERO. The procedure needs to take into consideration ATO compliance reporting requirements such as Single Touch Payroll. At least one step/action should relate to a compliance requirement (e.g., Send STP report to ATO, forward Super Guarantee payment to compliant super fund, PAYG, etc.). At least one step/action should relate to an internal control measure (e.g., Approval of payroll manager required, complete xx document).
a) A flowchart is a graphical representation of a process.
b) The first step is to gather employee data.
c) Calculating gross pay, deductions, and net pay is part of the process.
d) Generating a payroll report is not necessary.
e) The internal control measure involves sending STP reports to the ATO.