Leave Liabilities
Welcome to the MYOB Community Forum, I hope you find plenty of useful information.
As long as you are following the MYOB SUPPORT NOTE Tracking Leave accurals as liabilities there will be no problem.
If you look at each step seperately you will understand it better.
Firstly the adjustment via the Journal. With this journal you increase or decrease the amount in the Liability account and the expense account, according to the actual amount outstanding at that time. the value used comes from the Entitlement Report.
When an employee actually takes leave - because you have overridded the expense account with the liability account the value of the leave take is taken from the liability account, and it is not reported to the any expense account.
The only time the expense is added to is when you do the Journal adjustment entry.
So you can see that you are only reporting the leave expense once.
