Processing Redundancy pay & Final Pay

Hey JWeber,

 

You can process the redundancy and the employee’s final pay together in a single pay run. To do this,

 

• Start a pay run for the employee.
• Add the redundancy amount as an additional earnings line.
• Click Add holidays or leave → Final pay to let MYOB calculate all leave and final pay entitlements.
• Review the totals, then record the pay as normal.

You can also check this links below on how to process final pay and create categories.

 

• Setting up pay items / payroll categories
• Processing a final pay

 

Cheers,

Doreen