workers comp

David Hill_8818140

We have an employee that is on workers comp, how do I enter it through payrol

DebonAir

You would have to add an extra payroll item for this

Leanne_6835203

Hi David,

You would set up a new payroll item "Workcover wages" is what I recommend to my clients and a new P & L account to post the reimbursement of wages that you will receive from your workcover insurer too.  Some accountants like to see the reimbursement recorded as an 'other income, Rebate' account, others prefer to see it as a (-) expense item as a sub account of your wages expense.

Keeping these new items separate from your general wages accounts will help when it is time for end of year payroll reconciliation.

It is also important to understand when you do or do not pay super guarantee for an employee on workcover.

Cheers
Leanne