Long Service Leave Accruals
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Ang McDonald
Member Posts: 2 ✭
HI,
I have 2 employees who have now been employed by me for 7 years and one wants to take some LSL. I've never coded or added any provision in my Reckon Hosted for LSL. I have worked out they are both entitled to 6.9 weeks as of 21/2/2020. How do I code this? My accountant advised most of his customers just keep manual records of the staff LSL, and do not add any details to Reckon Hosted. Any advice would be appreciated! Thanks.
I have 2 employees who have now been employed by me for 7 years and one wants to take some LSL. I've never coded or added any provision in my Reckon Hosted for LSL. I have worked out they are both entitled to 6.9 weeks as of 21/2/2020. How do I code this? My accountant advised most of his customers just keep manual records of the staff LSL, and do not add any details to Reckon Hosted. Any advice would be appreciated! Thanks.
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Comments
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I don't know which state you operate in but in NSW, employees are not usually entitled to take Long Service Leave until they have achieved ten years of service.2
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I've always managed LSL in a parallel fashion to annual leave with the leave accruing for every hour worked (using one of the "other leave" tabs). Seems to work ok for permanent staff full or part time.
Definitely use a spreadsheet to record hours worked and entitlements - in Victoria these are not straight forward calculations
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I'm of the same understanding
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Thank you. Victoria is my state and it changed in November 2018 that they can access their LSL after 7 years
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sorry - meant to "casual employees" in my reference to using a spreadsheet
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Kevin
I have been advised that the calculator you refer only tells part of the story. Apparently it doesn't address what pay rate to use for casuals and the implicit assumption is that permanent employees have always worked at the same full time equivalent rate.
Based on this advice, I have always accrued long service leave based on hours worked and used excel to determine which pay rate for casual employees0
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