Long Service Leave Reimbursement For Construction Industry

Question

Hi,We are in under construction industry.I have processed one of our employee's LSL transactions via process payroll, (I have used the LSL entitlement category to put his LSL hours which have been accrued in 10 years)As I have processed his transaction via payroll we have deducted PAYG withholding tax amount from his gross payment amount.&nbsp;Recently we have received the reimbursement for LSL from LSL Corporation, So I just want to solution to allocate that reimbursement amount in the MYOB accountright.&nbsp;Thank you&nbsp;&nbsp;&nbsp;&nbsp;

lrbooks61 · Answer

Hi&nbsp;I understand the question re construction industry LSL&nbsp;I am imagining that you as an employer must contribute to this fund on your employees behalf.&nbsp;If this is the case then the reimbursement should be applied against the general ledger account that you allocate those payments made to LSL Corporation&nbsp;Hope this makes sense and helps&nbsp;Lisa

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Long Service Leave Reimbursement For Construction Industry

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