Workers Compensation - superannuation and accruing leave

EHSS
EHSS Member Posts: 12 Novice Member Novice Member
edited October 2024 in Accounts Hosted
Hello.  We currently have an employee on workers compensation who is being paid directly from WorkCover.  I have been advised that both her superannuation will need to be paid and her leave entitlements will need to be accrued.  As we are not paying her and then being reimbursed from WorkCover how would I account for this in Reckon Account Hosted correctly? I appreciate any help you can give.  Thank you

Comments

  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,133 Accredited Partner Accredited Partner
    edited June 2020
    hmm.. my suggestion would be that you will need a Payroll Item that is for the level of payment she is now receiving - this item should be setup so that the appropriate leave and super are accruing/calculating and I would point this item to an Expense account under Payroll expenses that is NOT gross wages, but is say Workers Compensation - then you will need a Deduction Item that could be pointed to the same Workers Compensation account - which then removes the gross pay and any payg withholding that calculates... so the net effect on the P&L is zero - but your leave and super will calculate?  does this make sense? :)
  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 823 Reckoner Reckoner
    edited April 2020
  • EHSS
    EHSS Member Posts: 12 Novice Member Novice Member
    edited March 2019
  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 823 Reckoner Reckoner
    edited April 2020
  • EHSS
    EHSS Member Posts: 12 Novice Member Novice Member
    edited April 2020
  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 823 Reckoner Reckoner
    edited March 2019
    if you have any issues email me Kim@kwikbooks.com.au 
  • EHSS
    EHSS Member Posts: 12 Novice Member Novice Member
    edited March 2019
    Great, thank you for all your help.
  • Kim Corica_10017684
    Kim Corica_10017684 Member Posts: 2 Novice Member Novice Member
    edited April 2019
    Would you please explain how to enter a nil pay just with the 9.5% super amount? In my experience Reckon does not allow a nil pay to be entered.

  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 823 Reckoner Reckoner
    edited April 2019
    Enter a nominal amount under w/comp or hourly 1hr @ $1 on one line
    then use the same payroll item on the next line and do $1 @ -1hr, this
    manually enter the super, turn off p/l in their details, and allow accrued leave to be entered, brings the pay back to zero, gives it accrued leave & super, and will allow you to create the pay because it has items
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