EOY Report - Annual Leave Liability in Dollar Value

[Chamlang]

We need to produce a report at the tax year end, showing annual leave liabilites IN DOLLAR VALUE. Having it in hours is not helpful to an external accountant, as the report essentially doesn't give them any information.  New Zealand.

[CarolineNZ]

Hi 

Did you find the answer to this?

Thanks

Caroline

[Chamlang]

No, unfortunately there is no report. I calculated the figures by using the Total Estimated Leave Accrued & Remaining (hrs) on the Employee Annual Leave Summary Report at the end of March and multiplied it by the employees current Holiday Pay Rate to come up with a Leave Liability Dollar Total.  Although it was a couple of weeks later, it should still be pretty close to the actual figure. I have already made a note in my diary for next year to get those figures at the end of the financial year, I hope this helps.

[Sean_DC]

Hi @Chamlang 

Thank you for your post and welcome to the Community Forum. We appreciate you sharing your workaround for getting a report in dollar values for annual leave liability. I believe this can be a great idea as a feature request that's why we do encourage you to submit your suggestions on our Product Ideas Board so that others can vote for it as well. 

Please feel free to post again. I'm happy to assist further.

If my response has answered your enquiry please click "Accept as Solution" to assist other users in finding this information.