Annual Holidays & Holiday Pay
Hey all, I have recently taken over payroll from the previous office manager, who has now retired. I asked a few questions about the payroll setup, but was told this is just how it's supposed to be. Almost all of our employees are salary workers, and get 4 weeks annual leave a year. Every single person has both 8% Holiday Pay as well as the 4 weeks Annual Holidays set up. Is this right? Seems like it is trying to do both. I have tried researching, but can't seem to find a clear answer, and I don't know anyone else running MYOB payroll to ask them if it's correct. Thanks for any help you can offer.40Views0likes1CommentAnnual Leave payment
hello community, It has been brough up to my attention that Annual Leave Pay can be done as Monthly instead of weekly for tax purposes(paying less tax) If i change employee from weekly to Monthly to pay their holidays, would this affect any future payments?Solved109Views0likes2CommentsPay rate for annual leave
Hi, I have added separete pay item for an employee and hourly rate is recorded for that pay item. I need to apply same rate to the annual leave he takes. But during processing payrun, as base hourly rate is zero, it is takeing the same zero rate for annual leave. How to connect annual leave pay rate to new pay item. Please guide to resolv the same. Screenshot is attached here.Solved109Views0likes3Commentsannual leave/paternity leave
good morning. newish to MYOB Business Payroll NZ - one of my employees is on paternity leave, returning to work 13 Jan. (which is also her anniversary date) her annual leave has been accruing while on paternity leave, apparently this is how MYOB do it. I've been told that it accrues at $0 rate while on pt leave. To me this means she's had 6 months pt leave therefore accrued half her 4 weeks annual leave - when she wants to take annual leave not long after she's back to work in January, how do I apply this two weeks leave at $0? Do I explain to her that as the leave has accrued while she's been on pt leave there is no value the two weeks accrued? If she hadn't been on pt leave then her 4 weeks a/l would be applied 13 Jan which I understand, what I don't understand is she has received 2 weeks a/l she is not entitled to. Am I right or wrong? please help, many thanks.Solved99Views0likes1CommentAnnual Leave calculations
Hi. I am about to do a final pay for an employee and am confused about the annual leave that has been deducted YTD (see screenshot). Why is it that although this employee has actually taken 45 hours A/L from 1.7.24 yet the YTD deduction is only 12.672 hours. All the correct annual leave hours have been recorded as taken in the payslips. Is there something additional that should be entered? Thanks!Solved86Views0likes2CommentsAnnual leave calculations
Has the upgraded version changed the way it calculates annual leave? One employee says she didn't accrue estimated annual leave between the old and upgraded system? Also, for a staff member's final pay, are they entitled to the estimated balance of annual leave as well as the current balance? Thank you.Solved407Views0likes4Comments