Introduction: A New Era for Australian Payroll Management
Managing payroll in Australia has become increasingly complex. With ATO regulations evolving rapidly, including Single Touch Payroll (STP) Phase 2 and intricate superannuation reporting, businesses face challenges in ensuring compliance and accuracy.
The release of Odoo v19 offers a game-changing solution. This all-in-one payroll system allows businesses to manage employee data, automate submissions, and comply fully with Australian legislation — all from a single platform. By eliminating the need for third-party tools, Odoo v19 streamlines payroll processes and reduces the risk of errors, saving time for HR and finance teams.
Top Odoo v19 Payroll Features for Australian Businesses
1. Single Touch Payroll (STP) Phase 2 Submission
STP Phase 2 requires Australian businesses to report payroll information in a detailed format to the ATO, including gross pay, allowances, deductions, and superannuation contributions.
With Odoo v19 Payroll:
- Businesses can register directly for STP within the system.
- Reports are automatically generated and submitted, eliminating manual data entry.
- The system ensures accuracy and compliance, reducing errors that could result in fines.
Example: For a business with 50 employees, Odoo v19 can consolidate all payroll information and submit STP reports in minutes instead of hours, freeing HR staff to focus on strategic work.
2. SuperStream Integration
SuperStream requires superannuation contributions to be processed electronically. Odoo v19 simplifies this with native integration:
- Automates super contributions to employee funds.
- Supports direct debit payments to super funds.
- Provides full reporting for audits and reconciliation.
Example: A medium-sized enterprise can now process monthly super payments for dozens of employees in a few clicks, ensuring funds are sent accurately and on time.
3. Updated Tax Rates and Thresholds (2025–26)
Odoo v19 Payroll comes pre-configured with the latest Australian tax rules:
- PAYG withholding calculations are automated.
- Tax-free thresholds and Medicare levy adjustments are applied correctly.
- Year-to-Date (YTD) balances are accurately maintained, simplifying audits and reporting.
This ensures businesses remain compliant every financial year without manually updating payroll rules.
4. Better Pay Run Management
Odoo v19 improves payroll processing with enhanced user experience:
- ‘Batches’ are now renamed ‘Pay Runs’ for clarity.
- Payslips for all employees can be generated at once, even with unapproved leaves.
- Provides a smooth, flexible process, allowing HR to handle exceptions easily.
Example: During the end-of-month payroll, HR can run all employee payslips simultaneously, saving hours of administrative work and avoiding errors.
5. Seamless Accounting and HR Integration
Odoo Payroll integrates fully with other Odoo modules:
Accounting Integration
- Payroll entries are automatically posted to the general ledger.
- Taxes and super contributions are accurately accounted for in real-time.
HR Integration
- Employee data, contracts, and leave balances are stored in a single form.
- Provides a full history of payroll changes, simplifying audits and performance tracking.
Example: When an employee receives a bonus or a salary adjustment, the system automatically updates payroll, accounting, and HR records, avoiding duplicate data entry.
Key Benefits for Your Business
- Guaranteed Compliance: Native STP Phase 2 and SuperStream support with updated 2025–26 tax rules.
- Time-Saving Efficiency: Consolidates HR, payroll, and accounting on one platform, reducing manual work.
- Reduced Errors: Automation minimizes mistakes and compliance risks.
- Scalability: Works for SMEs and large enterprises alike.
- Improved Employee Satisfaction: Accurate payslips and timely payments build trust and morale.
Conclusion: Simplify Your Payroll, Empower Your Business
Odoo v19 Payroll simplifies complex Australian payroll processes. With built-in STP Phase 2 reporting, SuperStream integration, and updated tax compliance, businesses can automate payroll efficiently, stay fully compliant, and focus on growth. By adopting Odoo v19 Payroll, companies reduce administrative workload, minimize errors, and ensure employees are paid accurately and on time.
Call to Action
Ready to modernize your Australian payroll? Contact us today to implement Odoo v19 Payroll and transition your payroll process seamlessly