Process holiday loading in Reckon desk softward

shi
shi Member Posts: 46 ✭
in Reckon Accounts (Desktop)

Hi. Could anyone help me to process the holiday day payment?

Annual leave 76hrs.

1.I entered Holiday hours 76 & holiday 17.5% loading ?

2.Does the holiday loading subject to super and PAYG?

It is my first time to process holiday pay in Reckon Desk software.


Thank you

Answers

  • Kris_Williams
    Kris_Williams Member Posts: 3,197 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited October 25

    Normal Holiday loading is subject to super and and PAYG, unless it comes under a special award

  • shi
    shi Member Posts: 46 ✭
    https://community.reckon.com/discussion/comment/20641687#Comment_20641687

    Hi Kris

    Thank you for our quick help.


    Could you also help to how much should i enter  next to holiday 17.5% loading in Reckon? The total gross mount of the holiday payment of the 76hrs?

  • Kris_Williams
    Kris_Williams Member Posts: 3,197 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    It sounds like you could do with some one on one training to set things up, if setup correctly the loading is automatic. If you look up the holiday loading pay item it should have 17.5% entered. You then enter this in the employee’s pay and after entering the holiday hours it will calculate automatically

  • shi
    shi Member Posts: 46 ✭
    https://community.reckon.com/discussion/comment/20641691#Comment_20641691

    There was no automatics calculating for the holiday loading. What I did as below

    Holiday payment amount $ 2000

    Holiday loading 17.5% I entered qty 2000 and it showed the Holiday loading 17.5% 2000*17.5%=350

    It is my first time to process holiday loading payment in Reckon.

  • Kris_Williams
    Kris_Williams Member Posts: 3,197 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Glad you sorted it out

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