Termination Final Pay

Could anyone guide me in finding a process for terminating an employee and their final pay with LSL in Reckon Hosted?
Answers
-
You have to enter the payroll using the LSL pay item, which I assume is setup, process as normal and then go to their name after and enter a release date and then make inactive
0 -
Thank you Kris. Would you do a separate paycheque for the fortnighly pay and then another for the payment of unused annual leave and LSL?
I noticed when I added in the hours of LSL it accrued annual leave and the also LSL? Is this correct?
Wendy
0 -
That final accrual is a problem - I edit the employees name before I process the final pay and delete the leave accrual option - of per week or pay or hour so it doesn’t accrue anything
you can do two separate payruns if you wish
0 -
Thank you I will do that? Is the tax something I should look at for the final pay Kris?
0 -
That too is always an issue, you could ring ATO and check but I tend to accept Reckon’s figure, that way you have done what you believe to be correct, if it’s overtaxed they will get it back next year
0 -
Thank you for all your help Kris.
0 -
You’re very welcome. ..
0
Categories
- 18.3K All Categories
- 6.3K Accounts Hosted
- 5.7K Reckon Accounts (Desktop)
- 10 PaySauce for Reckon Accounts NZ
- 984 Reckon Payroll App
- 12 Payroll App - Help Videos
- 13 Reckon Mate App
- 2.9K Reckon One
- 8 Reckon Invoices App
- 12 Reckon Insights
- 106 Reckon API
- 779 Payroll Premier
- 291 Point of Sale (Desktop)
- 1.8K Personal Plus and Home & Business
- 58 About Reckon Community