Can I setup new Holiday Loading payroll items?

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I want to set up holiday loading payroll items for various departments so that an employee who is paid leave loading in Dept 1 has this loading allocated to that dept in the P&L.  Same goes for Dept 2, 3, 4 etc.  At the moment there is only 1 payroll item list called 'Holiday Loading (all)' and when I try to set up additional payroll items there is nowhere in the set up to indicate to pay the 17.5% on annual leave hours only.  It will calculate the leave on all hours, including overtime.......
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Deb

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  • there must be a reason!

Posted 1 month ago

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Kevin Russell, Accredited Partner

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Why aren't you using classes?
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Deb

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The Accountant wants the total dispersed amongst the actual payroll departments that the employees who took the leave (loading) are in, some of which are COGS, not expense A/C's.  
Hi Deb

Classes are used for exactly this purpose ..... They can be allocated to both Expense accounts AND COGS.

In a Pay, whatever account that line's Payroll Item is linked to (or the applicable accounts for the entire Pay, if preferred) is the account(s) that will be classified.
There's even a default "P & L By Class" report! 

.... It sounds like this is precisely what your accountant is wanting ...?

Shaz Hughes Dip(Fin) ACQ NSW, MICB

Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

Accounted 4 Bookkeeping Services

Ballajura, WA

0422 886 003

shazinoz2@bigpond.com

www.accounted4bs.com



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Kevin Russell, Accredited Partner

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Shaz I've suggested this 2wice and been shot down. It's EXACTLY what classes are for.
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Kevin Russell, Accredited Partner

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Get him to set it up. Honestly he is being a goose.
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Deb

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That's the point, we can't set up another payroll item that will only pay loading on annual leave hours.  If you know how to can you let us know please..........??
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Kevin Russell, Accredited Partner

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Leave loading is only paid on annual leave. Why aren't you using classes?
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Deb

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We are not getting anywhere here, I've already explained what we are querying.

Is there anyone else who can help with this?
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Kevin Russell, Accredited Partner

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If you use classes you can journal it wherever you want. Or don't.
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Deb

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That's the problem, the accountant doesn't want the journals to be done anymore.........  Obviously there is no other way around this so I will let her know.
Thanks.
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Sari

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Deb, I'm with you on this (I don't like to journal any more than I have too - and if Reckon is handled correctly, you rarely do.). I use multiple classes and use multiple payroll item Leave Loading. To get the result you are after, you would need to set payroll to "Job costings, Class and Item Tracking" to "entire Pay Cheque". The only problem with this is, that your employee would need to be entitely in one class, not obver several. If they are, then you'd set the tracking to "earnings Item" but the LL would come up as unclassified. I get around this by calling my LL items by their class - Holiday loading Class 1 for example.
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Kevin Russell, Accredited Partner

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Fire the "accountant". Easy peasey