MYOB Payroll – Backup & Restore
Question: I have just started with the MYOB Payroll software. I have a question just in regards to the backing up of the payroll file. I have saved them (backed up) onto a flash stick (I also saved it onto my C drive). However when I went to open them up I couldn’t read them. […]
Continue readingHow does Parental leave affect the entitlement to Annual Holidays?
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 […]
Continue readingMy employees work overtime – do I need to change the normal hours per week?
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 […]
Continue readingHow do I import timesheets from MYOB AccountRight into MYOB Payroll?
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 […]
Continue readingI set an employee’s ‘normal hours’ at 40 but they haven’t actually worked this much. What should I do?
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 […]
Continue readingWhy is the Holiday Pay balance showing a negative figure – MYOB Payroll?
There are two possible reasons this could have happened: 1 It is likely that an employee has been paid out using the Holiday pay (HP) code thereby reducing the balance of holiday pay. When the system completes a Holiday Anniversary update the Holiday pay balance should return to zero. However if any amounts have been […]
Continue readingWhat 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 […]
Continue readingAnnual Leave update didn’t work – MYOB Payroll
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.
Continue readingHow to remove ex-employees from MYOB Payroll?
Normally employees should be finished using the Final Pay button in the Enter Pays screen which will pay out any annual leave and alternative leave balances. If this isn’t done the employee will continue to appear in the payroll and show in the IRD reports. If you have old employees who have finished, follow this […]
Continue readingPayroll – Quick Tips & Shortcut keys
Find below some fairly random tips for those of you who use MYOB Payroll Take care setting up new employees – make sure you go to each tab in Employee Maintenance and remember to set up their standard no of hours and days per week. Always remember to finalise a pay. You backup first and […]
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