MYOBCommunity
Partner Zone
|
|
Partner Zone

Employer Reimbursement Agreement with New Zealand ACC

This thread is now closed to new comments.
Some of the links provided in this thread may no longer be available or relevant.
If you have a question please start a new post.
Experienced User SuperJohn
21 Posts
Experienced User
New Zealand
SuperJohn
Experienced User

21Posts

0Kudos

0Solutions

Employer Reimbursement Agreement with New Zealand ACC

We are considering entering an Employer Reimbursement Agreement with ACC and are wondering if any MYOB Payroll users have opted for this arrangement with ACC and how they have incorporated it into MYOB Payroll. 

Currently, we have an employee who we have paid Sick Leave and Annual Leave but have now found out that ACC will pay the employee directly accident compensation  for the 3 weeks that he was off work. We now are faced with recooping the Sick and Annual Leave from the employee. With the Employer Reimbursement Agreement, ACC would have just re-imbursed us directly.

 

Any comments, pros/cons, how MYOB Payroll handles this, etc. would be greatly appreciated.

 

 

1 REPLY 1
MYOB Moderator KattC
790 Posts
MYOB Moderator
New Zealand
KattC
MYOB Moderator

790Posts

24Kudos

81Solutions

Re: Employer Reimbursement Agreement with New Zealand ACC

Hello @SuperJohn

 

Thank you for your post in regards to NZ Payroll.

 

Because you have paid the employee already for the annual leave/sick leave, fixing the calculations in MYOB Payroll will be a lot of work and making sure you get the leave correct verse the tax that has been paid already.

 

With the ACC Reimbursement that ACC will give you for their part. From reading their website it is only the part they have calculated - ACC Employer Reimbursement Agreement. It would be worth crunching some numbers to see if it will work out correctly for you to do it this way. 

 

If you need more assistance please do repost 

 

Kind regards

 

Kat

Client Support 

Didn't find your answer here?
Try using advanced search to find a post more easily Advanced Search
or
Get the conversation started and make a new post Start a Post