I need some help in understanding how the holiday pay was calculated in attached file. Not sure which is correct so do I overwrite the amount?
The Holiday Pay is showing as $3111.67 but the accrued amount is $2443.20 as shown in attached file.
Your assistance is much appreciated.
Many thnaks
Regards
Barry
barry
Hi @bazzamed
There is HolPay accrued on the Ord time, Covid amount and also annual leave portion paid out - as this all forms part of gross earnings, and Hol Pay is accrued on gross earnings. If you add up 7605.90+585.60+164.40=8355.90 x 8% = 668.47. 668.47+2443.20=3111.67.
Hi Jennie
Thanks for the detailed explanation.
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