Detailed Analysis of GB Pty Ltd Payroll Statements - May 2019

This assignment provides a detailed analysis of payroll statements from GB Pty Ltd for the period of May 1-14, 2019. The document includes individual employee payslips, detailing their employment information such as pay frequency, annual salary, and classification levels. The payroll data encompasses various elements, including ordinary hours, overtime hours, total earnings, and deductions like union fees. It also breaks down tax calculations, including PAYG tax and superannuation contributions. The assignment presents the net pay for each employee and provides a comprehensive overview of the financial transactions related to employee compensation. The document showcases the earnings, deductions, and net payments for three different employees. The assignment offers insights into the financial aspects of employment, covering salary structures, deductions, and payment details for each employee. The analysis of the payroll statements allows understanding of the financial aspects of employee compensation, including earnings, deductions, and net payments.

Adam West
1
Melbourne VIC 3159
PAID BY
GB Pty Ltd.
11 Aldridge Rd
WYNDHAM VALE VIC 3024
ABN 14 675 120 319
EMPLOYMENT DETAILS
Pay Frequency: Fortnightly
Annual Salary: $20,491.00
Classification: clerical level 3
Pay Period:01/05/2019 - 14/05/2019Payment Date:15/05/2019 Total Earnings:$1,888.38 Net Pay:$998.38
THIS PAY YTD
SALARY & WAGES RATE
Ordinary Hours 72.0000 $20.7400 $1,493.28 $1,493.28
Overtime Hours (exempt from super) 12.7000 $31.1100 $395.10 $395.10
TOTAL $1,888.38 $1,888.38
DEDUCTIONS
Union Fees/Subscriptions $2.00 $2.00
TOTAL $2.00 $2.00
TAX
PAYG Tax $888.00 $888.00
TOTAL $888.00 $888.00
SUPERANNUATION
SGC - Sunsuper Superannuation Fund - 14778 $141.86 $141.86
TOTAL $141.86 $141.86
REIMBURSEMENTS
Other Reimbursable Costs Pay Child support $50.00
Travel Costs Vehicle allowance $0.78
TOTAL $50.78
LEAVE ACCRUED USED BALANCE
Annual Leave in Hours 5.5385 0.0000 5.5385
PAYMENT DETAILS REFERENCE AMOUNT
(-) SALARY $1,049.16

Carol Wall
1
melbourne VIC 3159
PAID BY
GB Pty Ltd.
11 Aldridge Rd
WYNDHAM VALE VIC 3024
ABN 14 675 120 319
EMPLOYMENT DETAILS
Pay Frequency: Fortnightly
Annual Salary: $60,000.00
Classification: clerical level 5
Pay Period:01/05/2019 - 14/05/2019Payment Date:15/05/2019 Total Earnings:$2,307.69 Net Pay:$1,741.69
THIS PAY YTD
SALARY & WAGES RATE
Ordinary Hours 76.0000 $30.3644 $2,307.69 $2,307.69
TOTAL $2,307.69 $2,307.69
DEDUCTIONS
Union Fees/Subscriptions $2.00 $2.00
TOTAL $2.00 $2.00
TAX
PAYG Tax $472.00 $472.00
HELP Component $92.00 $92.00
TOTAL $564.00 $564.00
SUPERANNUATION
SGC - Sunsuper Superannuation Fund - 457889 $219.23 $219.23
TOTAL $219.23 $219.23
LEAVE ACCRUED USED BALANCE
Annual Leave in Hours 5.8462 0.0000 5.8462
PAYMENT DETAILS REFERENCE AMOUNT
(-) SALARY $1,741.69

Linda Watson
1
melbourne VIC 3159
PAID BY
GB Pty Ltd.
11 Aldridge Rd
WYNDHAM VALE VIC 3024
ABN 14 675 120 319
EMPLOYMENT DETAILS
Pay Frequency: Fortnightly
Classification: Clerical level 1
Pay Period:01/05/2019 - 14/05/2019Payment Date:15/05/2019 Total Earnings:$1,974.10 Net Pay:$1,044.10
THIS PAY YTD
SALARY & WAGES RATE
Ordinary Hours 76.0000 $25.9750 $1,974.10 $1,974.10
TOTAL $1,974.10 $1,974.10
DEDUCTIONS
Union Fees/Subscriptions $2.00 $2.00
TOTAL $2.00 $2.00
TAX
PAYG Tax $928.00 $928.00
TOTAL $928.00 $928.00
SUPERANNUATION
SGC - AMP Conventional - Whole of Life - 78447 $187.54 $187.54
TOTAL $187.54 $187.54
PAYMENT DETAILS REFERENCE AMOUNT
(-) SALARY $1,044.10