PAYG withholding from payroll journals
Wages and PAYG withheld (W1 and W2) come from the client's payroll journals rather than being retyped.
The problem it solves
Retyping wages and withholding figures creates double entry and mistakes.
How it works
- Record payroll journals in the ledger.
- MYLEDGER derives W1 and W2 from them.
- Review the figures on the BAS.
What your practice gets
- No retyping of payroll figures.
- Consistent with the ledger.
- Traceable figures.
Questions accountants ask
Where do W1 and W2 come from?
From payroll journals in the ledger.
Can I override them?
Adjustments are made through BAS settings and working papers.
Does Fedix run payroll?
No.
Related features
Features that work alongside payg withholding from payroll journals.
BAS summary
See the BAS labels for a period, such as G1, 1A, 1B, W1 and W2, with drill-down to the transactions behind each figure.
VideoBAS period settings
Per-period BAS settings: adjustments, inputs such as PAYG instalments, account mapping and BAS journal posting.
VideoBAS client defaults
Set a client's BAS defaults once, so each period starts correctly.
GST calculation worksheet
A GST calculation worksheet with manual inputs, following the ATO worksheet.
BAS summary PDF
Produce a BAS summary PDF for the client, edit and preview it before download.
VideoBAS cover email and e-signature
AI helps rewrite the BAS cover email, and the BAS can be sent to the client for e-signature.
VideoSee it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.