We have recently moved from ACE Payroll to MYOB Business Payroll and are currently reviewing how to manage Time Banking or Days in Lieu within the new system. In ACE, employees’ extra hours could be recorded and kept for future use, such as taking time off later. We would like to understand the best way to store and track these accumulated hours in MYOB Business Payroll so employees can access and use their entitled time at a later date.
Hi Spplift2021,
Thanks for checking. Time Bank / Days in Lieu isn’t a natively supported entitlement feature in MYOB Business Payroll Only (NZ), so the system can’t automatically maintain a TOIL or time-bank balance for employees. The best workaround within MYOB is to create a custom earnings pay item such as Extra time (unpaid TOIL), set it up as an hourly item with a $0.00 rate, and then use that item to show the hours on the employee’s payslip. When an employee works extra time, you can enter the hours as a positive value. When they take that time later, you can enter the same item as a negative value.
Just to note, this is for recording and payslip visibility only and doesn’t create a system-managed entitlement balance, so the actual running balance would still need to be tracked outside of MYOB.
Regards,
Sai
Thank you!
