How to terminate Employee Redundancy and get Annual and Long Service Leave to be paid out

Rod NugentRod Nugent Member Posts: 19

I'm trying to process a redundancy termination and when the final pay processes, RA doesn't process the AL and LSL.

As this is a redundancy these are taxed at a flat 32% and should be listed in Part A. There's also no super on Redundancy payment of leave.

When I terminate the employee it just processes a pay and nothing seems to happens to the Leave.

What is the correct process and then how do I see and confirm tax and super is calculated properly?

Desktop Enterprise.


Tks

Comments

  • Acctd4Acctd4 Accredited Partner Posts: 981 ✭✭✭

    It’s can be quite an involved process so I’d recommend getting 1-on-1 assistance as you need to ensure all components are correctly mapped for STP.

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Partner (AP) Bookkeeper * Regd BAS Agent (No: 92314 015) *

    ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

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