Forum Discussion

BronJay2025's avatar
2 days ago

Deduction to Final Pay

A terminating employee has already been paid their final monthly salary at start of the month.  They are now purchasing a company asset (phone) and want this to be deducted from their termination pay of unused annual leave.  Is there an option in AccountRight to process this deduction - it seems the final pay can only be processed using the web browser version to pay out unused leave amounts. 

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator

    Hi BronJay2025

     

    I'm not entirely sure on the best way to record this as MYOB doesn't recommend specific steps for this process. I suggest reading through this link as it might help you figure out how to best record this. However, I highly recommend seeking advice from your accountant to determine the best way to proceed.

     

    Regards,
    Genreve

  • 1st step: Is it possible to process a negative payrun amount just for the deduction so a negative payslip is created.  

    2nd step: process the termination payment for unused annual leave.

    3rd step: pay both the amounts via electronic payments to pick up the negative and positive amounts.

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