8% Gross Amount incorrect for Termination Pay
I have sent this email to support but was wondering if others had the same issue....... I am running both MYOB Business Payroll while still running ACE Payroll. I have done a final/termination pay for an employee and the pays are drastically different. (About $360 different on a $450 pay). The difference in calculations is due to the 8% gross calculation. The finishing employee has taken 18.555 days in advance and is finishing just prior to his 2nd anniversary. In ACE the gross calculation EXCLUDES payment for days already taken and paid, but in MYOB Business the gross calculation INCLUDES holiday pay already paid in advance. (So this would result in paying 8% holiday pay on to holiday pay already paid). On the Employment New Zealand website they state........ "Pay 8% of the employees‘ total gross earnings since their annual holidays anniversary date (LESS any amount paid for taking any of this year’s annual holidays in advance or paid on a pay-as you-go basis)".... On this basis, the gross amount in the "Quantity" column in MYOB Business is incorrect. Has anyone else found this?