Rimini Street readies Auckland Uni for payday filing
- 25 January, 2019 16:33
The University of Auckland has tapped Rimini Street to upgrade its PeopleSoft enterprise software to make it compliant with the government's mandatory payday filing requirement, which comes into effect on 1 April 2019.
From that date any organisation with more than $50,000 in payroll will be required for file payroll data electronically within two days of payday, rather than monthly as a present. Small employers can still file on paper. Organisations have had the option of using payday filing since 1 April 2018.
Rimini Street manages the maintenance and support of the University's PeopleSoft 9.2 platform and is responsible for implementing changes needed to keep pace with tax and regulatory changing requirements. It started working with the University last year to develop the module needed to support payday filing.
The university's associate director, HR services Julia Middleton-Easte said that using Rimini Street to develop payday fling support had avoided the need for an expensive upgrade.
Rimini Street said the upgrade also included a change to the amendments reporting process. "Under the old system, amendments to the old Employer Schedule (IR348) had to be made using a manual, paper-based system. Rimini Street and the University worked together to develop a module which digitised this process."
Rimini Street said it had earlier worked with customers in Australia and directly with the Australian Tax Office (ATO) to develop an update for SAP and Oracle systems to meet a similar requirement: single touch payroll reporting.
"The company was able to do so ahead of the vendors and prior to the deadline, thus ensuring clients were ready for – and compliant with – the new system," it said.
New Zealand businesses have been given just a year to implement payday filing since it was announced as an option early last year. In the UK, businesses were given 30 months notice of the introduction of a similar system, but according to post on Attaché Software's website, most businesses said they would have liked more time.