Annual Leave, Annual Leave Loading & Personal Leave incorrect rate
Hi,
I processed our pay with an employee availed her annual leave and I noticed that instead of the same pay rate of $29.00 per hour for her Annual Leave Pay rate is $223.08 per hour which looks like an increment of something I can't figure out. Annual Leave hours used 7.6 x $223.08 = $1695.41 which is not correct. I can't figure out why the rate is $223.08 where it should be the same as the basic $29.00 per hour.
I checked all the employees, and all the leave has a rate amount is more than their hourly basic pay.
We are using the new version MYOB Business Pro.
This is how I entered the details which is according to MYOB payroll set-up:
We are paid by the hour:
Payroll - Pay Items - Annual Leave percentage is 7.6923
Payroll - Pay Items - Annual Leave Loading percentage is 0.175
Payroll - Pay Items - Personal Leave percentage is 3.84615
Looking forward for any help.
Thank you.
Kind regards,
Shepai
Hi Dorren,
Thank you so much for your help.
I have corrected the items.
I'm so confused...
Kind regards,
Shepai