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SMEs

External resources & legislation

RESOURCE

WHY IT’S USEFUL

AASB Standards (Australian Accounting Standards Board) Employee Benefits Standard

This standard prescribes the accounting and disclosure of employee benefits by employers in Australia. In the Affinity Payroll Admin GL module, this information is stored in the AASB Parameters for LSL screen. Fully managed customers provide us with service range, probability, inflation rates and discount rates at the specification stage.

Internal resources