Forum Discussion

Wendy2018's avatar
Wendy2018
Trusted User
2 months ago

Cashing Out Annual Leave

Hi all,

I have an employee who is cashing out 2 weeks annual leave, but not taking leave.

As I understand it they are to receive 2 weeks at their normal rate as if they were actually going on leave.

However, when I try to enter the 2 weeks cashed out leave for which I have created a new category, MYOB wants to deduct an extra $213.00 tax.

could someone suggest where I may have gone wrong here.

Just to clarify; 2 weeks at normal rate, less 2 weeks at normal tax rate, should be equal to 2 weeks normal net pay.

Thanks 

2 Replies

  • AmandaMYOB's avatar
    AmandaMYOB
    MYOB Moderator
    2 months ago

    Hey Wendy2018​ 

    Do you mind sharing what the solution was? Just in case any other members of the community have the same problem, it may be helpful!