Payroll: Automatic journal entry to account for leave liability
I think it would be great if AccountRight could producethe journal entry required to be processed to record the value of the entitlements on the balance sheet e.g. a just like the journal entry that is printed when using BASLink, but for recording entitlements. AND/OR Click a button called"Recognise Entitlements" and it will do the journal for you to a specified date (obviously you would need to setup which entitlements you want recognised i.e. yes to Annual Leave, no to Sick Leave etc) "Automating recognition of leave entitlements"7KViews26likes9CommentsEntitlements not showing correctly on Payslips
Last week we upgraded to 2020.1 and then did a wages run. On one of the categories (ADO taken) it shows as negative entitlements on several of the payslips. When I look at the individual employees" entitlements it seems that the YTD figure has imported into the payslip rather than the total amount. As we have had to close our business due to COVID-19 many of our staff have elected to use their entitlements to keep them going. It would be great if we could solve this problem so that when they receive their payslip on Wednesday it shows their true entitlement and doesn't scare them by showing a negative entitlement. The less stress the better under the current circumstances. Thanks LyndaSolved3.1KViews3likes4Comments