nav[aria-label="Primary Navigation"] { padding: 0; & ul { list-style: none; width: 100%; display: flex; flex-direction: row; justify-content: start; align-items: start; gap: 30px; padding: 0; & li { margin: 0; } & ul li { list-style: none; } } }

Long Service Leave entering into Reckon Accounts Hosted

PLMRE

We have several employees who have been with our office for numerous years (we are in Qld) and I am needing help to add long service leave into Reckon Account Hosted. I have renamed one of the other leave names as Long Service Leave and have also set up a payroll item called Long Service Leave. I am assuming I need to calculate their amount of annual leave balance and enter this into the computer and then have it calculate LSL on their hours they work each week (hours calculation: 0.01538 per hours worked). Is this correct?

Comments

unknown

This content has been removed.

PLMRE

We are in Queensland. I am getting this information straight from the Business Queensland Website. 8.66667 weeks for a period of 10 years continuous service. One employee's 15 year service does not start until 25/06/2022.

unknown

This content has been removed.

PLMRE

Thankyou, the original hourly rate I was quoting was from an article released by Reckon several years ago. Thankyou for your advice.

Kris_Williams

The hourly rate is as per each employee, I’m sure that’s what you meant

unknown

This content has been removed.

Kris_Williams

But when you calculate the LSL it’s calculated on the individual’s current rate of pay. It’s still the same 8.666 weeks - that’s what I was saying

Long service leave is paid at the ordinary rate (i.e. excluding overtime payments) being paid to the employee at the time of taking the leave. If an employee is paid above the award rate, the long service leave is to be paid at the higher rate.

unknown

This content has been removed.

Kris_Williams

Of course it’s not straightforward, I was referring to a standard full time employee

John Graetz

Kevin. I refer to your post at 5:13 pm wherein you stated that "Long service leave is 1/60 hours worked or 0.0166667 %". Please clarify the accuracy of that because I do not believe that the % sign should have appeared. If you talk in percentage terms, then 1/60th is actually 1.66667%.

John L G

unknown

This content has been removed.

John Graetz

Kevin. Its called a typographical error and some can have more impact than others! We are all human. I have no idea where that figure of 0.01538 could have come from. By doing some mathematical calculations it seems that basically this represents almost exactly 1 week of LSL after 65 weeks of service and this in turn is almost exactly 12 weeks of LSL after 15 years of service. As to where that could have come from is a mystery, without PLMRE being able to share the documentation with us all.

Overall, I am very pleased to have seen this issue raised because I became aware of a slight imperfection in my calculation method. Up to now I had seen the "alternative" method of calculation as being .86667 weeks per year, but that is not exactly the same as 1 week for each 60 weeks of work. Your statement that the accrual rate is 1/60th is therefore spot on and is what I am using from now on.

John L G

PLMRE

Thankyou for everyone's comment. I have attached the original document I had which was from Reckon - maybe I have totally misread the information on the document. See highlighted page.

10022022093300.pdf

Bruce

Source of the 0.01538 value is the Reckon document that PLMRE loaded. Don't know how old it is but the document talks about employees generally being entitled to 8 weeks LSL for every year of service. I've never heard of this (although my clients are exclusively Victorian) so perhaps there was something different in NSW.

PLMRE

As previously advised I am in Qld - I have also attached the document straight from Business Qld website.

10022022100447.pdf

unknown

This content has been removed.

Bruce

@Zappy - NES do not automatically override state law. The NES is just a set of minimum standards, nothing to stop individual awards or States individually prescribing something more generous

@PLMRE - the document you have loaded confirms that Queensland operates at 13 weeks after 15 years. This means that you should be be accruing as described above and that the Reckon advice you loaded does not apply to you

John Graetz

In "general" terms, LSL is 8.67 weeks for every 10 years of service, except for SA and NT where it is 1.3 weeks per year. There are slight variations for the ACT and Tasmania. You can find reference to this at:

https://www.businessaustralia.com/how-we-help/be-a-better-employer/managing-people/long-service-leave-entitlements-in-each-state-and-territory

Clearly the Reckon/Quickbooks document is long outdated and particularly as it dates back to Quickbooks days which is some years ago now. Not only that, but just take a look at the disclaimer at the top of page 1, which states inter alia "...we can't promise that the information set out below is totally error free..." That would have to be the understatement of the year!

Rav or PLMRE - is this document still accessible today?

John L G

PLMRE

I do not believe this document is still available today. It was an article I had saved a while ago for future reference. I will however follow any instructions provided by our accountant.

unknown

This content has been removed.

unknown

This content has been removed.

PLMRE

Thankyou for your advice. :)

unknown

This content has been removed.

Reckon Accounts Hosted Announcements & Important Info

Check out the latest important info & announcements for Reckon Accounts Hosted

Button

View all Reckon software categories 🗃️

Each Reckon software has its own dedicated category on the Community. Click below to browse all categories.

Explore all categories