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STP2 Allowance disaggregation of Base rate and incorrect calculation of overtime & entitlement valuations

ChrissyK1
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STP2 Allowance disaggregation of Base rate and incorrect calculation of overtime & entitlement valuations

Hi

Does anyone know if MYOB is actually going to address this issue with the allowance disaggregation no longer being part of the base rate ???

Once the allowances are removed from the base rates the percentage based calculations for overtime and leave entitlements will be incorrect. 

The extra work involved to correct all of this manuallly is going to be open to all sorts of errors.

 

The base rate we use from MA000025 has always included the industry allowance, tool allowance and the licence allowance.

While I can now see that these allowances should have always been listed seperately on the payslips as below.

 

NOTE: Regulations 3.33(3) and 3.46(1)(g) of Fair Work Regulations 2009 set out the requirements for pay records and the content of payslips including the requirement to separately identify any allowance paid.

 

But we had always advised employees, at the start of their employment and when wages increased in July, of the allowances in their base rate of pay.

 

So from this perspective MYOB have never had a proper solution to correctly and easliy calculate the overtime and leave entitlements on a base rate that does not include the required allowances.

 

At the moment I am wondering what else is out there that could solve this issue.

Any help would be great.

 

Many Thanks Chrissy

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Task_National
3 Posts
Cover User
Australia
Cover User

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Re: STP2 Allowance disaggregation of Base rate and incorrect calculation of overtime & entitlement valuations

Hi Chrissy,

 

Did you get any help at all from Myob?

 

We are stuck with same issue.

 

Thank you

 

 

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