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Payroll

Streamline your payroll process and stay compliant with Factor1’s expert payroll services.

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About Payroll

Managing payroll can be time-consuming and complex, but it doesn’t have to be. At Factor1, we offer comprehensive payroll services to ensure your employees are paid accurately and on time while keeping your business compliant with all relevant regulations. From processing payroll and managing superannuation to handling Single Touch Payroll (STP) reporting, we take care of every aspect of your payroll needs.

Our team of experts helps you set up and maintain an efficient payroll system, including managing deductions, leave entitlements, and employee records. We also provide support and training on popular payroll software such as Xero, MYOB, and QuickBooks. With Factor1, you can focus on growing your business, confident that your payroll is in expert hands.
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Common Challenges We Help Address

Managing payroll involves many complexities, from tax compliance to superannuation contributions. Factor1’s payroll services help you navigate these challenges efficiently and effectively.
  • Accurate and Timely Payroll Processing
    We ensure your employees are paid accurately and on time, every pay period.
  • Compliance with Regulations
    We handle all aspects of payroll compliance, including STP reporting, tax obligations, and superannuation contributions.
  • Efficient Payroll Setup
    We assist with setting up payroll systems, including integrating with existing accounting software and configuring employee records.
  • Managing Payroll Complexities
    Our services cover complex payroll scenarios, such as managing deductions, leave entitlements, and overtime.
  • Training and Support
    We provide training on payroll software like Xero, MYOB, and QuickBooks, ensuring your team can manage payroll with confidence.
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Why Businesses Need Accounting & Bookkeeping

Streamline finances, ensure compliance, and drive growth with expert accounting solutions.
Taxation Services
Full range of tax services, including business tax, BAS, FBT, and R&D grants, ensuring compliance and minimizing liabilities.
Financial Planning
Plan for the future with estate planning, superannuation, and investment strategies to grow and protect your wealth.
Management Consulting
Expert guidance on starting a business, franchising, and strategic management to drive growth and success.
Finance & Lending
Customized loans for homes, investments, and businesses, plus refinancing options to meet all your financial needs.
Bookkeeping
Efficient bookkeeping, payroll, and Xero training to keep your financial records accurate and compliant.
Corporate Services
Simplified services for business setup, company registrations, SMSF, and trust establishments.

Taxation Services

Full range of tax services, including business tax, BAS, FBT, and R&D grants, ensuring compliance and minimising liabilities.

Financial Planning

Plan for the future with estate planning, superannuation, and investment strategies to grow and protect your wealth.

Management Consulting

Expert guidance on starting a business, franchising, and strategic management to drive growth and success.

Finance & Lending

Customised loans for homes, investments, and businesses, plus refinancing options to meet all your financial needs.

Bookkeeping

Efficient bookkeeping, payroll, and Xero training to keep your financial records accurate and compliant.

Corporate Services

Simplified services for business setup, company registrations, SMSF, and trust establishments.

Frequently Asked Questions

Factor1 offers end-to-end payroll services, including payroll processing, tax calculations, superannuation management, Single Touch Payroll (STP) reporting, and software setup and support. We handle all aspects to ensure your payroll is compliant and efficient.

Yes, we provide complete payroll setup services, including integrating with accounting software, configuring employee records, setting up deductions and leave entitlements, and ensuring compliance with all relevant laws and regulations.

We support and provide training on popular payroll software such as Xero, MYOB, and QuickBooks. Our experts help you choose the best software for your needs and ensure it is set up correctly.

Payroll can be processed weekly, fortnightly, or monthly, depending on your business needs and agreements with employees. We tailor our services to match your preferred payroll schedule.

Our team stays up-to-date with all relevant payroll legislation, including STP requirements, tax obligations, and superannuation rules. We ensure your payroll processes are compliant, minimising the risk of penalties and errors.

Office Locations

Factor1 is proud to serve clients in person across Victoria or online throughout Australia. Whether you prefer to meet in person or connect virtually, our team is ready to assist you with all your accounting and advisory needs. Explore our office locations below to find the one nearest you.
Melbourne Office
Shepparton Office
KP Office
Bairnsdale Office
Lake Entrance Office

Book Your Free Consultation Today!

Discover how Factor1 can support your financial success. Schedule your complimentary consultation by clicking the ‘Book Now’ button or giving us a call. Let’s start planning for your future today.

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Expert accounting and financial services tailored to your needs. From tax compliance to business consulting, we provide personalised solutions to help your business thrive.

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Locations

Contact Info

Headquarters
Suite 46-47, Level 3,
Building 2,
1 Ricketts Road,
 Mount Waverley 
VIC 3149

Phone
1300 886 309

Email
[email protected]

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