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Bullswool's avatar
Bullswool
Trusted User
3 years ago
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Final Pay Calculation

Hi all,

 

Could somebody please help me understand the mathematics behind this final pay calcuation?

Employee finished up on Thursday, rather than Friday, so only worked 4 days for the final week - not sure if that's factored in. Normally works 7.5/day; 37.5/week

 

System paid:

ANHL Annual Leave -7.5 hours at $25.06853 = -$188.01

HP Holiday Pay 1.00 hours at $1637.484 = $1,637.48

I don't understand where $1,637.48 has come from.

 

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  • Melisa_D's avatar
    Melisa_D
    3 years ago

    Hi Bullswool, 

     

    Thanks for your post. Sorry to see no one has replied to you yet, did you still need assistance with this ? If so, I've attached our help article Processing a final pay which has detailed information and instructions on how a final pay is processed in Essentials. 

     

    Do let me know how you go or if you have any further questions. 


    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

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  • Melisa_D's avatar
    Melisa_D
    Former Staff
    3 years ago

    Hi Bullswool, 

     

    Thanks for your post. Sorry to see no one has replied to you yet, did you still need assistance with this ? If so, I've attached our help article Processing a final pay which has detailed information and instructions on how a final pay is processed in Essentials. 

     

    Do let me know how you go or if you have any further questions. 


    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

    • Bullswool's avatar
      Bullswool
      Trusted User
      3 years ago

      Hi, thanks for the reply. My system looks different to the link that you supplied. I'm using MYOB Payroll 2022.1

       

      But I think I was getting confused with the payout of the unused leave, and not factoring in the 8%. Once I do this, my figures match to what the system calculated.