Click your respective product link below to learn more.
Leave loading not calculating in Employee Summary area
I have 1 full time employee so this is the first time I calculate and pay him annual leave. He is only taking 1 day of leave (7.6 hours). Under "Earnings" I put his salary and then another drop down box for "Holiday hourly" and put in 7.6 hours under "hours". In the "Other payroll items" box I select "Holiday loading" which is at the rate of 17.5%. However, under "Employee Summary" the "Holiday loading" area comes up as 0.00. I called the Reckon Accounts help phone line and they said it can only calculate on the full 2 week salary and not on any other amount, eg if the employee only wants to take 2 days leave or 5 days, etc. Surely this can't be right? Is there a way to for Reckon to calculate leave loading for 7.6 hours?