Lynley Averis
Author Archives: Lynley Averis

How do I Pay out Annual Leave in MYOB Payroll?

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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What is a Common Anniversary in MYOB Payroll?

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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How is the Leave Accrued in Advance figure calculated?

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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