Forum Discussion
1 Reply
- Earl_HD3 years agoMYOB Moderator
Hi Donna1966
Thank you so much for your post. When an employee leaves your business, you'll need to process their final pay. This will include their regular pay (up to their last day of work) and their unused annual leave.Depending on the employee's workplace agreement and their reason for leaving, there may also be other payments you’ll need to finalise, like:
* unused long service
* leave redundancy* an employment termination payment (ETP), like in lieu of notice. If you need to include an ETP in a final pay, you'll need to complete some additional steps. To find out if a payment is defined as an ETP, check the ATO website.
To work on your employee annual leave you'll need to Reset the employee's leave accrual.
Make sure you've paid the employee any regular pay owed up until their termination date. You can then change the employee's leave accrual setup so they don't accrue leave on their unused leave payout.- Go to the Payroll menu and choose Employees.
- Click the employee's name.
- Click the Leave tab.
- Under Annual leave, change the Annual entitlement to 0.00 (regardless of whether the leave is based on weeks or hrs/year).
5. Click Save.
Regards,
Earl.
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