MAGIQ Software Ready for Payday Filing

Payday Filing is a new requirement introduced by New Zealand Inland Revenue and all New Zealand employers must be Payday Filing compliant from 1stApril  2019.

MAGIQ Software has worked closely with Inland Revenue (IR) over the past twelve months and the MAGIQ Payroll application is fully compliant and Payday Filing ready.

Payday Filing introduces a very significant change to payroll reporting, requiring employee payroll information to be provided to the IRD electronically every Payday, as opposed to the current monthly schedule.

MAGIQ Software has recognised that Payday Filing is a significant, business-critical system change and has undertaken a careful and considered approach to make the change as low-risk as possible for its Customers.

MAGIQ Software Chief Executive Colin Lillywhite commented: “We understand Payroll is a business-critical process. We’ve worked very closely with New Zealand IR and our Customers to try and ensure the upgrade path to Payday Filing had minimal impact on day-today operations.”

Following the completion of the required software modifications to MAGIQ Payroll, extensive testing was undertaken prior to the progressive roll-out of the software to Customers.

“The new Payday Filing functionality has been carefully implemented as a rolling process at Customer sites over the past six months.  By taking this approach Customers have been able to familiarise themselves with the new software prior to the 1stApril deadline,” said Colin.

About MAGIQ Software

MAGIQ Software provides innovative Cloud software solutions tailored to meet the unique needs of Local Government and Public Sector organisations. Our portfolio boasts state-of-the-art products, including MAGIQ Cloud ERP, MAGIQ Performance (which focuses on budgeting and reporting), and MAGIQ Documents EDRMs.

Our mission is to deliver software solutions that streamline operations and boost productivity, while providing world-class services from our offices in Australia, New Zealand, and the USA.

To learn more about our Public Sector Cloud software solutions or to schedule a demonstration, please call our sales team at +61 3 9468 9401 in Australia or +64 6 835 9380 in New Zealand or drop us an email at sales@magiqsoftware.com.