How to create a New Pay Item

Overview

This article shows you how to create a new (custom) pay item in Myaccountant. You can do this during a pay run or from the Pay Items settings page if the standard pay items don't meet your needs.

Step-by-Step Instructions

You can create a custom pay item in two ways:

Option 1: While Processing a Pay Run

Go to the Pay Runs page and open the pay run you’re working on.
Click on the employee's name to open their pay record.
Click Add Pay Item.
On the pay item selection screen, click the New Pay Item button in the top-left corner.
Enter the following:
- Name: Choose a unique name for your pay item.
- Payment Type : Select from the dropdown (e.g. Allowance, Bonus, Deduction).
Click Save.

The new pay item will now appear in the list and can be added to the employee's pay run.

The name must be unique. If it matches an existing pay item, you’ll receive an error.

Option 2: From the Pay Items Page

In the left-hand menu, click Payroll, then select Pay Items.
On the Pay Items page, click Add Pay Item in the top-right corner.
Enter the following:
- Name : Enter a unique name for your new pay item.
- Payment Type : Select from the dropdown options.
Click Save.

Your custom pay item will now appear in the Pay Items list for future use.

The pay item name must not match an existing one.

Tips

Use a name that clearly describes what the pay item is for, such as “Travel Allowance” or “Performance Bonus.”
Pay item types help Myaccountant report correctly to the ATO, so choose carefully.