holiday leave loading calulating wrong

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Calculating Leave Loading 
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Rebecca

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Posted 1 month ago

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Rebecca

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So with STP we also decided to start a whole new Reckon company as there were set up issues from previous employees. Which has made for interesting times.

We got our Accountant to help us set it up the new company but Reckon is not his forte.

For some reason we have Leave Loading 17.5% paying against each pay item: RDO, Personal Leave, Public Holiday, Wages.....

I can't find the problem anywhere and my Boss and I have gone back through the Preferences, the Payroll items, plus the Leave Loading itself and have no idea where the mistake is.

We have been looking at our old set up and things look the same but the whole idea to start a new company so we don't have any problems which we had before but now we have other problems.

Any help would be greatly appreciated.

We are on Reckon Accounts Desktop
(Edited)
Hi Rebecca

Loading is a $value entered manually and this is then calculated by 17.5% so I don't see how it could be calculating on std, RDO etc?




Can you send a screen shot of yours
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Rebecca

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Yes, that's correct but for some reason it's applying leave loading to each day regardless of Personal, RDO, Public Holiday, so I'm thinking it's somewhere in my set up that a box may need to be ticked or unticked. 

From your photo you've attached it's the amount of $47.12 that I'm talking about. If I put in Personal Leave it's attracting 17.5% for some reason.
Hi Rebecca

It can't because you are manually entering the figure, so it is calculating loading on the figure you are entering in my case the A?L $ value is $269.23 x 17.5% = $47.12.  the only way this can calculate is on your $ figure.

post or email a screenshot of yours - Kim@kwikbooks.com.au
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Rebecca

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So we worked out that when setting up our new company our Accountant had worked on the Default setting and changed a few things so then it mucked up all of our calculations.

The gentleman from Reckon had to work out which was the Default and now I can fix everything up. 

On the phone for about 6hrs with a 1.5hr break.