Personal leave calculations in Accounts Hosted - Novice user - PLEASE HELP!

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  • Updated 3 months ago
I have issues with part-time staff personal leave accruals. 
Calculated from the beginning of the year to the current date an employee has worked 136 hours.
These are my calculations;
136 x 0.03846 = 5.2305 (Reckon coverts to 5:14 h:m) hours available as of 12/4/20
Hours accrued per hour paid = 0.03846 (Reckon converts to 0:02:18)

Is this correct?

This is causing me so much stress as I don't really know what I am doing as I am new to Reckon and payroll.
I only work one day a week so there isn't much time to get to know Reckon. I have spent so much of my own time trying to get this right and feel I am going around in circles :( 
Luckily I have only 4 P/T staff to correct. 

Any help to get this corrected would be greatly appreciated!
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Caz

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Posted 3 months ago

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Hi Caz

 

You just need to change the Time Format option to “Decimal” in Preferences as it’s currently set to display in “Minutes” J

 

Here’s how to do it:

 

  • Click on Edit along the top toolbar, then on Preferences in the dropdown menu
  • Click on General from the LHS section list
  • On the Company Preferences tab, change the selection to Decimal
  • Click on OK to save this change

 

Check that now each relevant employee’s hourly leave accrual is now correct:

 

  • 0.07692 for Holiday (Annual) Leave (Reckon will round this to 0.07694 – this is fine)
          &
  • 0.03846 for Personal (Sick) Leave (Again, Reckon will round this to 0.03833 – also fine)


 

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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Caz

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Thank you very much! I think I just ended up overthinking it too much!
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Kevin Russell, Accredited Partner

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Hi Novice. It's not all that complicated. If your employees are using the NES or national employment standards, the leave calcs are 7.6923% for Annual Leave and half that for personal leave. The number of hours they work makes no difference at all. Using the percentages is a lot easier than claculating minutes because you can set it once and forget it. 

Kevin +61407744914
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Caz

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Thank you! :) 
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Kevin Russell, Accredited Partner

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HTH :)