Payroll Understanding

KarenT_4188464

I am new to payroll and have absolutely little clue when it comes to understanding the holiday hours etc. I have a new employee who we have setup, but I am having trouble understanding the holiday hours. It is saying holidays available 152 but as she has only just started why does it say that she has 4 weeks? Is there a way you can get it to show how many actual hours are available (i.e 1 week every 3 months i calculate). Am I reading this incorrectly. Appreciate any help with this.

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Acctd4

Hi Karen

You have the Accrual Period set to Beginning of year. Change it to Every Hour (at the applicable rate) in order to accurately accrue leave based on hours worked.

Feel free to get in touch with me direct if you’d like some 1-on-1 customised training ☺️

Kris_Williams

I notice Karen that you have your hours shown as minutes in Settings. I found that very confusing and so always show mine as decimal. Just an observation and it may suit you as it is but just an alternative if you choose

KarenT_4188464

Hi Shaz, What does at the applicable rate mean and where does that get entered?

Kris_Williams

I think it would be beneficial to you to do some training with Shaz, she’s very thorough

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Acctd4

@KarenT The applicable rate is the hours accrual per hour worked. This is determined based on the standard hours per week x number of weeks leave entitlement. You have 152 hours for the year entered there so I'm assuming your standard weekly hours is 38 (38 hours x 4 weeks = 152 hours)

For a 38-hr week, the Annual Leave accrual per hour is 0.07692 (0.07694 x 38 hrs p/wk x 52 wks p/yr = 152 hrs p/yr) Personal/Sick Leave accrual is usually half (2 wks) so the accrual for this one is 0.03847

NOTE: Due to rounding, when entered Reckon will automatically change these numbers to 0.07694 & 0.03833 respectively. This is fine as it is simply due to rounding.

KarenT_4188464

Hi Shaz. Would I be able to get in contact with you to discuss some if the issues I am having with payroll

Acctd4

Absolutely @KarenT - I'm on site with clients today & tomorrow but shoot me through an email 😊

KarenT_4188464

What is your email please.

Kris_Williams

Shaz’s email is at the bottom of her post

Acctd4

@KarenT

shaz@accounted4.com.au

(In case you’re viewing on a mobile device - looks like footer info only shows when viewed on a computer 😬)

Kris_Williams

FYI Shaz, I only use my iPad for this and I can see it fine

Acctd4

@Kris_Williams Must just be on a mobile phone it doesn’t display then 🤔😬

KarenT_4188464

Good afternoon Shaz. I did send you an email this morning. Hopefully you have received it. Can you please let me know when you are free to run through a couple of things. Your help is much appreciated

Acctd4

Hi Karen

As mentioned, I’m on site with clients today & yesterday but will give you a call tomorrow ☺️

KarenT_4188464

That is perfectly fine. Appreciate your help