Entitlements while on portable long service leave (coinvest/leaveplus)

Wendy_7689800
Wendy_7689800 Member Posts: 62 Reckoner Reckoner

We contribute to Leaveplus (previously coinvest) for employees' LSL and Leaveplus then pays the LSL direct to the employee.

However, while on LSL the employee is still entitled to superannuation (which Leaveplus does not pay), and still accrues annual & personal leave.

How do I do this in Accounts Hosted so it will automatically keep calculating the super & accruing the other leave given that I don't need to process their usual pays?

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,868 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited January 2024

    Hi @Wendy_7689800

    To accrue automatically, you'll need to still process a Paycheque. The system doesn't allow $ 0.00 Payroll Items that result in a $ 0.00 net pay, however it WILL accept amounts that result in a $ 0.00 calculation.

    I would create both a new Addition & new Deduction Payroll Item. The Addition will calculate Super & Leave entitlements (with no Taxes selected), the Deduction will not.

    On the Paycheque, you'll need to have both lines - The Addition will create the Super & Leave accruals & the deduction will remove the $ amounts only, creating a $ 0.00 net Paycheque ☺️

    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

    shaz@accounted4.com.au

    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!)
  • Wendy_7689800
    Wendy_7689800 Member Posts: 62 Reckoner Reckoner

    Thanks @Acctd4 I'll give that a go