BENKORP SERVICES

About Xero

1. You seem to be encouraging that we use Xero Accounting software.  Why is that?
2. Can we start a new accounting system half way during the financial year?

Training & Support

1. What Sort of Training does Benkorp provide?
2. Where does Benkorp provide training ?
   
3. Does Benkorp provide ongoing onsite Bookkeeping & Accounting services at our office?

Bookkeeping Options

1. Benkorp provides Bookkeeping & Accounting services, can this be shared to reduce costs?         
2. Can Benkorp provide a Chart of Accounts for us to use?

GST RELATED QUESTIONS

Simpler BAS

1. What is Simpler BAS?
2. Is there GST on Hall Hire?

Tax Invoices

1. What information needs to be on a Tax Invoice?
2. What GST code do we use for transactions between same religious entity?

BAS/IAS & Esigning  

1. Who is authorised to sign the IAS/BAS Activity Statement ?  (Sydney Anglican Diocese)
2. Why does the BAS/IAS Activity Statements need esigning?

MEA GST

1. How do we claim back the GST from the MEA account expenses?
2. How do we account for the GST component if the expenses have already been entered & paid?
3. What if the benefit of the GST component of his MEA expenses is given to the minister?

MINISTRY EXPENSE ACCOUNTS

Ministry Expense Account – Anglican

1. How much can be salary sacrificed to the MEA Account?
2. What can be claimed from the Ministry Expense Account?
3. Can the balance of the MEA be paid out to the minister when leaving the position?

Ministry Expense Account – Uniting

1. How much can be salary sacrificed to your MEA Account?
2. What can be claimed from the Ministry Expense Account?
3. Can the balance of the MEA be paid out to the minister when leaving the position?

FAQ for Church Financial Management

Church financial Management

1. Can we change the layout of reports?
2. Where can I find a Tax File Declaration Form?
3. Where do we allocate a deposit paid for purchase of property?
4. How do we process gifts, donations, received for specified purposes, called ‘restricted funds?”
5. Do we charge GST on Hall Hire?
6. Is processing superannuation through Xero SuperStream compliant?
7.  Can the balance of the Ministry Expense Account be paid out to the minister when leaving position?
8. Why are leave balances displayed differently in Xero in the employee’s profile, the Leave Balance report and on the payslip?
9. What is the procedure to pay Itinerant Preachers?
10. How do I work out if a worker is a contractor (and not an employee) for tax and super purposes?
11. What information is required on a tax sales invoice?
12. Who is authorised to sign the IAS/BAS Activity Statement?
13. When an employee is made redundant or terminated – what SGC superannuation is payable?

XERO

About Xero

1. What are the benefits of Xero?

Report Layouts

1. How do we change the Layout of Reports?

PROCESSING

Bank Feeds

• How do we Set up Bank Feeds?
• How do we Import Bank Feeds?

Processing

1. How do we allocate the deposit paid for the purchase of a property?
2. How do we process gifts and donations received for specific purposes, called restricted Funds?

SUPERANNUATION

Superannuation Information

1. Is Xero Super Stream Compliant?
2. Who is eligible for Superannuation Guarantee?  Is there a maximum age?
3. How do we set up Auto Superannuation in Xero?
4. How do we lodge and approve superannuation payments?

Terminations

1. When an employee is made redundant or terminated – what SGC Superannuation is payable?

Super Guarantee Charge |  Australian Taxation Office

YEAR END PROCEDURES

Payroll & Payment Summaries

1. What is the process in issuing annual payment summaries?
2. How do we do a payroll reconciliation for the 1st July to 30th June?

BAS Reconciliation

1. How do we do a BAS reconciliation for the 1st July to 30th June?

Audit Process

1. What is the audit process at the end of the financial year?

EMPLOYMENT

Tax File Declaration Form

1. Where to find a Tax File Declaration Form?

Payment of  Services

1. What is the procedure to pay itinerant Preachers?
2. How do we work out if a worker is a contractor or employee, for tax and super purposes?
3. How do we Pay people for their services?

My Payroll & Leave

1. What is MY Payroll?
2. Why are leave balances displayed differently in Xero in the employees profile, the leave balance report and on the payslip?

FRINGE BENEFITS FOR PUBLIC BENEVOLENT INSTITUTION EMPLOYEES

Fringe Benefits

1. How do we process Salary Sacrifice & Fringe Benefits Tax Free processes for Public Benevolent institutions (PBI)

SINGLE TOUCH PAYROLL

Single Touch Payroll

1. Where can we find out information about Single Touch Payroll?
2. How do you set up Single Touch Payroll
3. How do you file the Single Touch Payroll with the ATO?
4. How do you fix an error in Single Touch Payroll Submission?
5. How do we lodge our Single Touch Payroll for only 1-4 employees?
6. Will employees get an Annual Payment Summary once Single Touch Payroll Starts?
7. After we submit process the STP Finalisation to the ATO, what report can we produce to check the total year went well and when employees want reports?