long service leave
HI,
1/ When I create a new payroll wage category for Long Service Leave – is the ATO reportable category Gross payments?
2/ If an employee takes long service leave does that payment accrue hours or should it be exempt?
3/ Also, if I was trying to journal a dollar amount into #2-1773 Provision For Long Service Leave so that it would show in the general ledger what is the other account that I would use? #6-6371 Wages Bar Staff?
MYOB online shows to set it up under Wages bar staff – not a separate long service leave account number under wages.
CR Liability
DR Wages
It is just an entitlement that accrues.
when you use the entitlements they are paid and recorded as wages.the reason you need to do a journal is to record the dollar value as the entitlements are only recorded in hours.
look at the payroll categories. The tab for entitlements - you will see that they are just calculated. The wages tab you will see have linked gl accounts.
on the payslip for super for instance it has the expense account and the liability account the leave accrual only has the hour's accruedhope that clears it up
lisa