How do I set up a Pay Item for Termination Pay?


I need to pay termination pay but have no idea how to set the item up with regards to the Single Touch Payroll etc.
Best Answer
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@Woody You're welcome to contact me direct if you need specific help with this 😊
Shaz Hughes Dip(Fin) ACQ NSW, MICB
*** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! *** Bookkeeping & 1-on-1 customised software Training/Troubleshooting ***
* Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *
Accounted 4 Bookkeeping Services
Ballajura, WA
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3
Answers
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Hi Woody,
Is this for Reckon Payroll product? What type of termination item would you like to process?
Best regards,
Karren
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Hi Karren,
It is for Reckon Hosted in the payroll items.
The termination pay is for long service leave entitlements as well as outstanding annual leave.
Thank you.
Woody
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Hi @Woody,
Thank you for your query.
Please find the detailed instruction in the KB article below to process the termination in Reckon Accounts.
If you need any further information please let us know. We will be happy to assist.
Kind regards,
Reeta
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Will check it out.
Thank you.
Woody
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