Under pay as you go (PAYG) withholding, Australian business must give each of their employees a payment summary showing the payments made to them and the amounts withheld from those payments during a financial year. Thankfully, Growthwise created this template to prepare and lodge these PAYG summaries for their clients.

Set the start date to begin the work (after the final pay run is posted) and the due date for six days later (due date to lodge with the ATO). Make the Client Manager the work assignee.

The PAYG payment summary process was submitted by Australian practice, Growthwise. Growthwise is a Newcastle-based accounting firm but not your average nerdy, pen pushing, number-crunching, sit–behind–a–desk small business group of accountants. Follow them on Twitter: https://twitter.com/growthwise