Set up Business Details 

Overview:  

  • Find out how to set up business details in your Wiise Payroll Settings.

Why set up business details? 

Use business details to update your business information, helping to streamline payroll processes and avoid errors. 

How to set up business details? 

  1. Select Payroll Settings from your homepage in Wiise Payroll.  
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  2. Then, select Details in Business Settings. The Business Details page displays.  
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  3. Fill in the relevant fields: 
    1. Business Name: This is a required field, and the name is shown throughout Wiise Payroll. 
    2. Legal Name: The name entered here is shown on your pay slips.  
    3. Is this a foreign (overseas) entity? Select this checkbox if the employing entity is foreign, then select the country of origin.  

      Note: This step is important if you have employees classified as Inbound assignee to Australia under this entity, as it must be reported through STP. 

    4. ABN: This is a required field. Australian Business Number and it should be 11 characters long.  

      Note: If you’re Wiise Payroll is on a New Zealand zone, you’ll be required to fill in the NZBN which is the New Zealand Business Number.  

    5. Contact Email Address: This email address will receive all generated email notifications, except for pay slips.  

      Note: You can set up a different email address on the Pay Slips page.  

    6. Standard Hours Per Day: This field is mandatory and is used to estimate leave and rates for employees paid by the day. 
    7. Work Week: This field sets the default period end day for pay runs and timesheets on the platform. 
    8. External ID: Used for integration with some external platforms. 
    9. Allow SMS notifications: Enable this option to allow the platform to send SMS notifications to employees on your behalf (note: charges apply). 
    10. Automatically update super rates: Super guarantee rates are increasing from 9% to 12% between July 1st, 2013, and 2025. Check this box to have the platform automatically update these rates. 
  4. Select Save, when you’ve completed the fields in business details. 
  5. You’ve set up business details in Wiise Payroll Settings.  

 

What’s next? 
Find out how to set up ATO Settings.  

  

If you have any questions, please reach out to support@wiise.com