Forum Discussion
Earl_HD
10 months agoMYOB Moderator
Hi Justin-Ryan,
Thanks for your post and my apologies for the late response. The worker's compensation rules and obligations may vary from state to state, so it's best to check with your relevant authority for clarification. Also check with your accounting advisor regarding the potential implications of workers' compensation on tax, superannuation or leave obligations. The Fairwork website is a good place to start.
The tasks below describe one way of catering for workers' compensation payments, using the following generic example:
- The employer pays the employee whilst they can't work
- The employer claims the payments from their insurer, and
- The insurer reimburses the employer.
This help article will give you more information about: Paying workers' compensation
Feel free to post again, we're happy to help.
Regards,
Earl