Set up PAYG Withholding for Employees
(Australia only) An overview of how to set up Pay As You Go (PAYG) withholding.
setting up a deduction code for the PAYG routine
assigning that deduction code to your employee(s)
- In the PR Deductions/Liabilities form, set up the PAYG deduction code. Note: The PAYG deduction code must be assigned code number 1.
- In the PR Federal Info form, in the PAYG Deduction field, enter the PAYG deduction code (1).
- In the PR State Information form, set up state codes but do not specify a deduction in the Tax Dedn field.
- In the PR Employees form, assign the PAYG deduction code for each employee.