Annual Salary - How to record Annual Leave & Personal Leave hours taken?
Hello Reckon Community. For an employee on an Annual Salary, how do I record all hours taken as leave? Thank you.
Best Answer
-
Use the Salary Personal or Salary Holiday Payroll Items - When you enter the hours, it will split the gross salary accordingly, pro rata as per the hours eg
If you have a salary of $ 1,000 for 38 hrs & you split that to allocate 19 hrs as Salary & 19 hrs against Holiday Salary, it will split the $ 1,000 as $ 500 (so, half) against each ☺️
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
(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!)
1
Answers
-
Change the pay item to annual leave hourly is all I would do and enter 38 hrs times what the hourly rate works out as. As long as the total remains the same
0 -
Thanks Kris. I'm concerned that a single leave day or only a few hours taken will mean I have to reduce the weekly salary amount. Is it possible to amend this salary amount to reflect the portion paid as leave?
1 -
I guess you could create a pay item called Salary leave
0 -
Thank you Kris. I appreciate your help :)
0 -
Thank you Shaz. The example provided helped explain your advice. Much appreciated.
1
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 2.9K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 62 About Reckon Community