Forum Discussion

call23's avatar
call23
Experienced Cover User
3 days ago

Paying wages/leave in advance

I have an upcoming holiday this Christmas season and I want to prepare payroll before I leave which will start on 19th Dec.

 

For background information our weekly pay at Wednesday and Ends in Tuesday.

Company Christmas Shutdown Starts 23 Dec and resumes 13th Jan.

 

The plan will then be on the tues 17th Dec – I do advance payroll for week 25-31st Dec and 1-7 Jan 2025, since it’s the company shutdown i.e. standard leave for everyone.

Then on the 18th Dec I’ll do the normal payroll day, process 11-17th Dec and then another advance payment for 18-24th Dec.

I have processed advance payroll before, but I have never done a back and forth in the dates of pay the way I plan to do it this year. (i.e. do 25thDec -07 Jan first and then go process another pay on a current date). 

I usually do process current pay and then process the rest of the advance payments but due to time constraints I am doing the approach above.

I hope my ramblings above is not too confusing. The question is, is it ok to do this? Do forward dated pays and then process current date, and then another forward dated pay.

How do I go about it? Any tips? Also, I have not used the new feature pay leave in advance and plan to just omit it (i am not sure how this one works)  and just forward date the advance payroll.

Any suggestions and comments is greatly appreciated. Thank you.

  • Hi there call23,

     

    For paying wages in advance, it will be the usual process on how you create and process a pay run as well as the payment. Only the dates will be different. You can check this link for more information. Regarding the leave in advance, there's an option to do so when processing their pay. Here's a link for detailed steps that you can follow.

     

    Best regards,

    Doreen

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator

    Hi there call23,

     

    For paying wages in advance, it will be the usual process on how you create and process a pay run as well as the payment. Only the dates will be different. You can check this link for more information. Regarding the leave in advance, there's an option to do so when processing their pay. Here's a link for detailed steps that you can follow.

     

    Best regards,

    Doreen

  • call23's avatar
    call23
    Experienced Cover User

    Thank you, I thought so too, much appreciated.