EllenR
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Joined 6 years ago
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Re: Allowance for Worker Retention Grant
I set up a new account in other income (81 number). When is all finished you can reconcile how much money was spent on the employees and how much you received from the government via CCS payment. If the money you spent on wages is greater than the amount earned then you will get extra money. If it is the other way round, you received more money that was expensed through wages, then you will need to refund that amount. I also enter the amounts into my spreadsheet every payroll so see how it is going. For me, it looks like I will need to refund at the end. Hope this helps. Regards Ellen117Views1like1CommentRe: Allowance for Worker Retention Grant
You need to what workers are covered by the WRG, normally it is the Children's Service Award. It can also be the award that covers teachers that work in long day care. It does not include any clerical/admin staff as they are covered by the Private Clerks award. I made a new wages expense account that I called WRG. I applied that category to all staff that are covered by the grant. That way you don't need to do every employee. You run payroll as normal and the only manual calculation you need to do is the amount of the grant. Add all the wage categories that are covered by the WRG, base rate, any leave incl leave loading and overtime. Multiply the total by 10% and then enter this amount into the WRG category. Regards Ellen328Views1like0CommentsRe: Allowance for Worker Retention Grant
As I have set up a wages expense called WRG, when staff work overtime, MYOB calculates the overtime as normal. I then add all the wages categories that WRG applies to, base rate, any leave including leave loading, and overtime, then multiply by 10% and this number goes to the WRG wages expense. For 1 December 2025, the percentage goes to 15%. The only time I manually calculate is when staff are paid over award. The WRG is only on the award rate. Also remember that any juniors get the WRG at the adult rate. I have 5 staff that are 18 years old whose award rate is not at the adult rate. Plus I need to know when their birthday is so that I can check that the adult award rate is applied as their base rate. You do need to keep in mind, when you do your reconciliation at the end of the year to remove overtime from wages as superannuation is not paid on overtime. If you need more information about the reconciliation please email me. Regards Ellen170Views0likes0CommentsRe: Allowance for Worker Retention Grant
Hi Everybody, I set up an allowance called "worker retention grant" and then linked all the staff who got it. There was one employee who was not covered by the grant. The centre also uses Tanda as an add on and Tanda keeps track of the current rates according to the award. No less thing to worry about, however I do check in MYOB occasionally to make sure the award rates are correct. I did a pay run last week and found it was very easy to do the grant. Admittedly, I did have to manually enter the amount of the grant. I just added the wage amount and the overtime amount then dived the total by 10 and entered this amount into the grant category. Payroll was only marginally longer. Regards Ellen R413Views0likes0CommentsAllowance for Worker Retention Grant
My client has just been approved for the Worker Retention Grant for child care centres. The grant allows employees to be paid 10% more of their award rate (Children Services Award). For the reconciliation, a part of the grant conditions, the 10% must be separate from the award rate and it applies to normal hours, any leave, any leave loading. Most of the employees are on award rates but there are some staff that are paid over award. These staff are still eligible for the grant but the 10% is the award rate for their level, not 10% of their hourly rate. What would be the best way to add the 10%, which has been classified as an allowance, into MYOB showing the split? Regards Ellen R900Views1like13CommentsRe: apply for bank feeds for CBA credit card
Thanks for theinformation. However I had already found that. It was not helpful as I do not have Netbank access to the business accounts and when I tried to click on the account to reprint the authorisation, it did not work. I eventually rang the help line (Ha Ha!) I had to wait over an hour before my call was answered only to be told that I needed to be transferred to another department and my call would be answered immediately. "Immediately" meant that I only waited 35 minutes before my call was answered. Thankfully the person who took my call was able to help.342Views0likes1Commentapply for bank feeds for CBA credit card
Hi, I don't know what I am doing wrong but I can't get an application form to apply for bank feeds for 2 staff credit cards. I found the instructions unhelpful. I just kept going around in circles. I can't use Netbank as I don't have access. Can somebody give me simple instructions on printing an application form for bank feeds for CBA credit card. Regards Ellen420Views0likes3CommentsRe: Back Pay
Tracy, I forgot to add that the missing reversals from the payroll clearing account are also missing from the bank reconciliation which is why I can't reconcile the bank. I believe once the issue of the missing reversals is fixed everthing will be OK. Regards Ellen1.1KViews0likes0CommentsRe: Back Pay
Hi Tracy, I have struck another problem with the backpay issue I was having. By reconciling the payroll clearing account I found the errors. There were 3. I fixed 1 but the other 2 have the same problem. When I look in account transactions for payroll, I find the original payroll entry, the reversal and the new payroll. However in the payroll clearing acccount, it is not showing the reversal. This what the problem is - no reversal. Any ideas why it is doing this and how to fix it?1.1KViews0likes2Comments