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TessCooney's avatar
TessCooney
Contributing User
27 days ago

Allowance calculation on Wages Overtime

Hi there,

My employees are all on different hourly rates and are entitled to different all-purpose allowances which need to be reported separately: 

eg:

Base Rate = $42per hour (Gross)

Industry = $1.69 (Allowance - all purpose)

Tools = $1.04 (Allowance -Tools)

Leading Hand = $1.74 (Allowance - task)

 

Which is fine but then calculating their overtime = their Base + allowances x 1.5 (or x2.0) 

Which there is no option to do in MYOB Business (it's base x 0.000 or per hour). Unless I create new pay items for each employee for each type of overtime as a 'per hour' amount which feels messy. 

Is there a better way to do this? Also if I create all new pay items for the employees their payslips looks horrendous because all their existing YTD items stay on there. 

Thanks,

Tess. 

 

1 Reply

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    26 days ago

    Hi TessCooney,

    Thanks for sharing the details. At the moment there isn’t a cleaner built-in way to have MYOB Business automatically calculate overtime as base rate + separate all-purpose allowances for each employee. In practice, the workaround is usually to create separate overtime pay items with the required rate for each scenario/employee, even though that can get a bit messy. 

    You can also visit these helpful articles for more information: 

    Allowances
    Overtime
    Setting up pay items / payroll categories

    Regards,
    Earl