Final Pay – Pay Long Service Leave
Today I’m happy to announce that we have released a major update to our Final Pay workflow. In addition to guiding you through paying out unused Annual Leave, you can use Final Pay to pay unused Long Service Leave. With these two leave types included in a guided workflow, you will now be able to calculate the final pay for most employees leaving a business voluntarily. This update is part of our ongoing commitment to simplify and streamline the payroll process for our customers. We hope that you will find the new Final Pay workflow easy to use and helpful for complying with the relevant legislation. You can access this feature by selecting the Final Pay pay period in your payroll product.217Views2likes0CommentsDeducting Monies in Lieu of Notice
When processing an ETP, you're usually PAYING the employee monies in lieu if they were terminated by the company, and so we assigned the Monies in Lieu of Notice payroll category to W1 in the Activity Statement fields. Under our EBA we are able to withhold monies in lieu of notice when an employee resigns without giving appropriate notice, so this is a DEDUCTION rather than a payment. We processed a termination pay recently where no notice was given and entered a negative amount against the Monies in Lieu of Notice category. When lodging the May IAS, the W1 amount calculated has not deducted the Monies in Lieu of Notice (see breakdown on the attached Payroll summary report). Do I need to create a Payroll Deduction (so it is included as a W2 withheld amount) rather than using a negative amount in the Monies in Lieu of Notice Wages category so it will be recognized by STP?Solved1.4KViews0likes5CommentsSTP and Terminated Employee
I started using STP on 1/10/2019. Just prior to that date, an employee was terminated, and this person's payroll information has not been transmitted to the ATO. Hence, I am unable to finalize the FY. I thought that I could correct this by doing a $0 pay run for the employee. However, even though I have re-acted the person's employee card, they do not appear in the employee list for the pay run. I am using AR 2020.2. Any suggestions on how I can solve this problem?Solved1KViews0likes2CommentsOne touch payroll and an employee who was terminated 31.10.19 and rehired 04.02.20 (same financial year)
One touch payroll and an employee who was terminated 31.10.19 and rehired 04.02.20 (same financial year) When he was rehired I removed the termination date from his MYOB card. Should I remove his termination dated from the One Touch ATO reporting as well. Will he get two 'group certificates'? According to the instructions when you put a termination date in the box it removes his records. What else happens beind the scenes?Solved1.2KViews0likes5Comments