Forum Discussion

finance12's avatar
finance12
Contributing User
1 year ago
Solved

Can you included the unused leave in the ETP payment?

If i am paying an employee an ETP payment 'in lieu of notice payment'. does this need to be separate from the payout of unused leave entitlements or can they be in one pay slip? 

 

 

  • Hey finance12,

     

    When paying an employee an ETP for 'in lieu of notice payment,' it's recommended to process this separately from the payout of unused leave entitlements. This ensures clarity and accuracy in the final pay details and correct tax calculation.

     

    Best regards,

    Doreen

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    1 year ago

    Hey finance12,

     

    When paying an employee an ETP for 'in lieu of notice payment,' it's recommended to process this separately from the payout of unused leave entitlements. This ensures clarity and accuracy in the final pay details and correct tax calculation.

     

    Best regards,

    Doreen

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Level up your skills using MYOB software.

 

Find help guides and technical solutions for all MYOB products here

Explore video tutorials for our software at the MYOB Academy here

 

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.