I think it would be great if AccountRight could produce the journal entry required to be processed to record the value of the entitlements on the balance sheet e.g. a just like the journal entry that...
A very good, time saving idea.
An alternative might be to allow a Liability account to be assigned to the Payroll Entitlement accrual card (similar to what is done for the Wages expense account), and automatically post an entry based on Accrued hrs * Hourly rate for each entitlement/employee when the payroll is processed. Maybe an accountant could provide a better technical solution (e.g. if more than one account is required) but the idea seems like it might work...