• readily accessible to a Fair Work Inspector (FWI)
• legible
• in English.

• changed unless the change is to correct an error
• false or misleading.

Best practice tip

• keep track of employee details
• identify payroll mistakes
• keep a business running efficiently.

• Timesheets

What records have to be kept and what needs to be in them?

General

• employer’s and employee’s name
• employer’s ABN (if any)
• employee’s commencement date
• whether the employee is full-time or part-time
• whether the employee is permanent, temporary or casual.

Pay

• pay rate paid to the employee
• gross and net amounts paid
• any deductions from the gross amount paid
• details of any incentive-based payment, bonus, loading, penalty rate, or other monetary allowance or separately identifiable entitlement paid.

Hours of work

• any penalty rates or loadings paid to employees for overtime hours worked, including:
  • the number of overtime hours worked by an employee during the day
  • when the employee started and finished the overtime hours
• the hours an employee works if the employee is a casual or irregular part-time employee who is paid based on time worked
• a copy of the written agreement if an employer and employee have agreed to an averaging of the employee’s work hours.

Download the Timesheet template below 👇

Book an appointment with Befinancial Accounting.

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