If no Annual Leave was calculated for my employee and the Holiday Pay remained the same then an employee has been set up with NO ‘Normal Hours’ and therefore NO Annual Leave entitlement. You will need to manually adjust both of these fields and do a manual anniversary adjustment.
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When employees take Annual Leave you should always pay it out using the Annual Holiday (ANHL) pay code. This should be done even if an employee has not become entitled to Annual Leave as yet. The payroll will record the Annual Leave taken as Annual Leave taken in advance. Note: Any ‘Annual Leave taken in advance’ […]
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We would recommend that when a common anniversary date is being considered, seek advice from the Department of Labour to gain a full understanding of the rules surrounding the use of common dates. If you are moving to an individual date, you may need the permission of the employee. It is more common to use […]
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A ‘Common Anniversary’ indicates that all employees Annual Leave updates are done at the same time. This differs from the usual ‘Individual Anniversary’, 12 months after the employee start date. Businesses that observe an ‘Annual Closedown’ often choose a ‘Common Anniversary’ date to make the management of leave easier. The employer would normally nominate a ‘Common Anniversary’ date a few […]
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Answer The Leave Accrued in Advance calculation estimates what amount of annual leave an employee has accrued since their last holiday anniversary. For example if 2/3 of the year has elapsed since the anniversary date, the employee is potentially due 2/3 of their annual leave allocation. e.g. 0.66 multiplied by 120 hours equals 79 hours. […]
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Answer You will need to enter a correcting pay to balance off each Paycode. For example if $500 was paid out of Holiday pay you need to enter 1 HP @ minus $500, and the required number of annual leave hours at the required rate e.g. 50 hours at $10. If entered correctly the balance […]
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This can result in more leave being allocated to an employee. At anniversary date, the normal hours per week (x 4 weeks) will role in to become the leave due. If your normal hours are set to 40 then 160 hours will roll in. The normal hours per week are best to be understated not […]
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Answer No. An employee who works overtime will have their annual leave rate adjusted upward to compensate for this. We expect to see waged employees with a higher rate than their usual hourly rate for holidays if they work extra hours or they work overtime. As an employer, you need to pay the higher of […]
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Answer In MYOB Payroll Open your accounting product and print off a copy of the Activity ID’s (These must be set up in Time Billing using an Uppercase font) Open Payroll and set up your Departments/Cost Centres using the identical names given to the Activity ID’s. Set up the Pay codes ALSO using the same […]
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The Holidays Act 2003 states that an employee is eligible for Annual leave after 12 months of continuous employment. Time on Parental leave is included in this period of continuous employment. When an employee returns to work after a period of Parental Leave any annual holidays taken is paid at the rate of the employee’s […]
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