Annual Salary - How to record Annual Leave & Personal Leave hours taken?

Hello Reckon Community. For an employee on an Annual Salary, how do I record all hours taken as leave? Thank you.

Best Answer

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,167 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited October 2022 Answer ✓

    @Angela Foster

    Use the Salary Personal or Salary Holiday Payroll Items - When you enter the hours, it will split the gross salary accordingly, pro rata as per the hours eg

    If you have a salary of $ 1,000 for 38 hrs & you split that to allocate 19 hrs as Salary & 19 hrs against Holiday Salary, it will split the $ 1,000 as $ 500 (so, half) against each ☺️

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner(AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)

Answers

  • Kris_Williams
    Kris_Williams Member Posts: 3,195 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Change the pay item to annual leave hourly is all I would do and enter 38 hrs times what the hourly rate works out as. As long as the total remains the same

  • Angela Foster
    Angela Foster Member Posts: 18

    Thanks Kris. I'm concerned that a single leave day or only a few hours taken will mean I have to reduce the weekly salary amount. Is it possible to amend this salary amount to reflect the portion paid as leave?

  • Kris_Williams
    Kris_Williams Member Posts: 3,195 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    I guess you could create a pay item called Salary leave

  • Angela Foster
    Angela Foster Member Posts: 18

    Thank you Kris. I appreciate your help :)

  • Angela Foster
    Angela Foster Member Posts: 18

    Thank you Shaz. The example provided helped explain your advice. Much appreciated.