Final Pay

earthmoving1
earthmoving1 Member Posts: 9 Novice Member Novice Member

Hi, Just wondering when processing employees final pay do I include the last week worked and the annual leave owing in the same pay or are they done separately. ie: process the final pay and then process a separate pay for the annual leave. If I do them together I believe the PAYG will be higher

Thank you, Wendyu

Best Answer

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,882 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    edited July 2024 Answer ✓

    You can do either/or, however it’s often easier to do them separately, so you can confirm more easily where the leave & super accrue (on last hrs worked) v not for AL payout ☺️

    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 *

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    Ballajura, WA

    shaz@accounted4.com.au

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    (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!)

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