Leave balances

stanley2

Hi there,

 

The annual leave balances don't match on the payslip and the leave available under "employee" - "leave".

 

E.g the payslips reads "annual holidays (estimated leave in advance) 2.9 weeks (59.51hrs) and the leave balance under employee's leave reads 2.93 weeks (70.30 hours).

 

This employee works 24hrs a week.

 

Would anyone know why there is a difference? And how can I adjust the leave balances to match.

 

Thank you!

Princess_R

Hi @stanley2

 

Welcome to the Community Forum!

 

I understand the confusion about the annual leave balances between the pay slip and the employee leave section. In MYOB, "estimated leave in advance" on the pay slip and "estimated leave accrued since anniversary" in the employee's leave section are similar concepts. In MYOB Business, we calculate these balances in weeks based on the current date and the last anniversary.

 

Here's how we convert these balances:
The "current available balance" in MYOB Essentials (in hours) is divided by the hours per week to get the "opening leave balance" in weeks in MYOB Business.

 

For example: if an an employee who works 40 hours a week had a Current available balance of 160 hours in MYOB Essentials, their Opening leave balance in MYOB Business will be: 160 hours / 40 hours = 4 weeks

 

This calculation ensures consistency between hours and weeks across platforms. However, slight variations can occur due to rounding differences between hours and weeks. If you have further questions, don't hesitate to reach out.

 

Cheers,

Princess