Holiday Leave Loading
Is reckon able to have two types of Leave Loading 17.5%, as we'd like to have the leave loading coded individually to COGS and EXPENSES for job costing.
Comments
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Dear @Karina_9242901 ,
Unfortunately, you cannot create new Leave Loading items for Annual/Holiday leave. The default items are the only ways of handling leave loading.
To prevent Loading from occurring on every item (which is what would happen if you created a new Leave Loading item), you would need to journal these figures into COGS/Expenses depending on which account you assign the default Leave Loading to.
Kind regards,
Alexander McKeown
Reckon Senior Technical Support
Alexis McKeown
Reckon Senior Technical Support
Working hard since 20180 -
No. Interesting that you are coding an overhead to a job.
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Yes, you can 😊
It is actually necessary to set up additional Leave Loading Payroll Items for STP2 as this needs to be classified separately when paid out on termination anyway.
However, only the system-default one recognises annual leave, to trigger the calculation automatically. Therefore, when creating additional ones, these require a slightly different setup to the default, which has Neither selected.
Instead, additional ones need to be setup to track by Qty or Hrs (as highlighted):
The $ amount of annual leave (for the system to calculate the 17.5%) is then manually entered in the Quantity box on the Paycheque:
😊
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Excellent post @Acctd4 . Forgot about that little trick - otherwise it would calculate on all payroll items. Will make sure to update our knowledgebases for that.
Apologies for any confusion @Karina_9242901.
Kind regards,
Alexander McKeown
Alexis McKeown
Reckon Senior Technical Support
Working hard since 20182 -
Well spotted
Nice work
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Reckon Staff 
