Forum Discussion

Atom12's avatar
Atom12
Experienced User
3 years ago

Long service leave adjustment

Hi there,

 

One of employee is resigning and she's entitled to cashout LSL (worked 9 yrs).

The company changed their accouting software a few years ago and looks like they didn't properly enter previous records. I need to adjust her LSL entitlements ( I need to add up about 130hours).

 

Could I just open the employee's card - Payroll details - Entitlements - then enter 130 in the Balance adjustment column and click "OK" ? Then will it be showing correct hours on entitlements report? 

 

Thanks in advance!

  • LRBooks61's avatar
    LRBooks61
    3 years ago

    If you check fairwork it will say when you need to pay lsl. 
    It can be prorate if an employee is retrenched 

     

    check out the site

     

    lisa

  • LRBooks61's avatar
    LRBooks61
    Ultimate Cover User
    3 years ago

    hi

    Yes that is the way to make the adjustment.

     

    She is very lucky that the company is giving her her LSL as they are not obliged to do so before 10 years.

     

    You are on the right track

     

    Lisa

    • Atom12's avatar
      Atom12
      Experienced User
      3 years ago

      Hi Lisa,

       

      Thank you very much! I'll do adjustment now.

       

      By the way, we thought company required to payout LSL ( if there is any left) who worked for more than 7 yrs.

       

      Thank you for your help! 

      • LRBooks61's avatar
        LRBooks61
        Ultimate Cover User
        3 years ago

        If you check fairwork it will say when you need to pay lsl. 
        It can be prorate if an employee is retrenched 

         

        check out the site

         

        lisa

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.