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Payment of LSL

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Experienced Cover User Ruthawps
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Australia
Ruthawps
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Payment of LSL

Hi. I am paying out a Casual employee's LSL entitlement on termination.  The hourly rate was set up in the system incorrectly so I posted an adjusting entry to the entitlement a few days ago.

I am today trying to pay out the entitlement and when entering the entitlement balance (as per the Payroll report - Entitlement balance) I am getting an error message stating the balance is short 0.05 and will result in a negative balance.  

The entitlement on the employee's card is 0.05 short of what the LSL entitlement to pay is.  

Employee's cardMYOB LSL Card.JPG

 

The Correct hourly entitlement, which is I want to pay out today,  is that reflected on the Payroll Entitlement ReportMYOB LSL Report.JPG

 How do I correct this? Any guidance you can provide will be appreciated. 

Thank you. 

 

 

 

 

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Ultimate Partner GDay53
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Australia
GDay53
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Re: Payment of LSL

@Ruthawps

 

Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

 

The Payroll Entitlement Report round the amounts to 2 decimal places where as the card show 3 decimal places.

Looking at what you have given us the amounts actually match when you take into account the rounding.

When you do the pay enter 231.105 into the payslip not 231.11.

 

If my response to your query and has helped, please mark my post as a solution to help others in the future.
Graeme Day
Registered BAS Agent #24745540
First Class Accounts Clayfield
Mobile: 0402 841 627
gday@firstclassaccounts.com
MYOB Certified Consultant
MYOB Diamond Partner
Experienced Cover User Ruthawps
11 Posts
Experienced Cover User
Australia
Ruthawps
Experienced Cover User

11Posts

5Kudos

0Solutions

Re: Payment of LSL

Thank you !

Saved me so much time stressing over it. 

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