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HELP - A staff member has enquired as to how much leave they have available. My system shows
Annual leave available -72.00 hours
Annual leave accruing 169.23 hours
No matter how hard I try I cant get my head around this! Do they have leave available - or not - and if so - how much!? arghhh thanks in advance Yes I have tried google also - to no avail.
Annual leave in New Zealand works based on an entitlement anniversary date, this date typically being 12 months from their start date. What happens is that for the first 12 months an employee will not be entitled to annual leave (technically holiday pay instead). Once that 12 months has elapsed their first lot of annual leave entitlement will roll over and they will receive their full annual leave entitlement (less any taken in the first 12 months).
In terms of showing those values on the payslip MYOB Essentials will have two fields; Annual leave available and Annual leave accruing.
So the answer is 169.23 hours less 72 hours paid in advance - leaves a balance in accrued leave - which is technically not due until the next anniversary date. You can certainly pay in advance - but this comes off the leave for next year