TERMINATING AN EMPLOYEE WITH NOTHING TO PAY OUT

JEN
JEN Member Posts: 71 Reckoner Reckoner

Hello,

Could someone advise how I should go about terminating an employee from payroll with nothing to pay out i.e annual leave/long service

They have sick & annual leave accrued but they are not being paid out as it's the business owner retiring.

I just need to delete them from our payroll book but not sure how to exactly go about this. I am guessing that I set their leave details to zero prior to terminating them but still have to notify the ATO by submitting a declaration to them.

Thanks.

Comments

  • Jason_Z
    Jason_Z Reckon Staff Posts: 69 Reckon Staff

    Hi @JEN

    When you terminate an employee, the system will prompt you to create a final pay run for them. In this pay run, you can remove the 'annual leave/long service' pay items by clicking the item and removing it.

    Please advise: this is based on my understanding of what can be done in the software, and I’m not entirely sure about the accounting aspects of it.

  • JEN
    JEN Member Posts: 71 Reckoner Reckoner

    Hello Jason,

    Thank you very much for the quick reply.

    I will delete the leave details as prompted in Reckon Payroll and shown above.

    I really appreciate your help.

    Regards,

    Jen