Payroll for real estate agencies & property managers

“Try for free” allows you to discover if Payroller is the right software for you and your business before you commit to our platform. “Try for free” is cost and commitment-free and we do not require any credit card details to sign up. So give Payroller a try, it only takes a few minutes to get set up.

While the Payroller mobile app is completely free – fees will apply to use the Payroller web app, Xero integration, and to make super contributions through our integrated super clearing house (Beam).

Most real estate agents operate on a commission-based structure. Payroll software can help track and manage commission calculations and payouts, ensuring accuracy and adherence to tax regulations. Salary + commission structures require processing both salary and commission portions through payroll.

• Property manager split commissions: Some property managers share commissions with leasing consultants. Payroll software can facilitate these splits electronically, ensuring transparency and accurate record-keeping.
• Mileage reimbursements for agents: Agents often incur car expenses. Payroll software can streamline mileage reimbursement calculations and deductions from gross pay, complying with ATO guidelines.
• Independent contractors vs. employees: Real estate agencies may utilize independent contractors (e.g., virtual assistants). You won’t process payroll for contractors, but you may need contractor payment summaries for tax purposes.

You’ll need to consider bonuses and performance incentives, relocation allowances, and property management fees & trust accounts. Many agencies offer bonuses based on performance. Payroll software can be configured to handle these variable payments and tax implications, as well as manage one-off payments.

For property management fees and trust accounts, payroll software can help streamline the record-keeping process and avoid co-mingling funds.

If you handle the payroll for a real estate agency or property management, make sure you follow these best practices:

• Record-keeping requirements: Maintain detailed records for at least seven years, including timesheets, commission statements, payslips, tax reports, and mileage logs for agents.
• Payroll audits: Be prepared for potential payroll audits. Ensure your chosen software offers robust reporting tools to simplify data retrieval for auditors.
• Consulting a payroll specialist: Consider seeking advice from a registered tax agent or payroll specialist for navigating complex scenarios or maximizing tax benefits for your real estate business.

Payroller is an STP-enabled software that automatically submits payroll information to the Australian Taxation Office (ATO) – through a secure cloud network – whenever you perform a payrun. Payroller helps you to track, manage and record your payroll while safely sharing that information (and staying compliant) with the ATO.

As a truly one-stop payroll solution, you can manage staff roster, invite your accountant, bookkeeper or BAS agent and even make Super contribution (Beam) on Payroller.

Absolutely, you may share your account and even set different access permissions.

Only a few minutes. The majority of our customers get up and running within 15 minutes. If you do need more help in getting set up, simply reach out to our capable live agents and they will have you using Payroller like a seasoned user in no time. Check out our handy user guides.

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Yes, Payroller is integrated with Xero. By connecting your Xero account to Payroller, you can easily export and share payroll information cross-platforms.