Terminating a staff member
Are there any guidelines/tips on how to best terminate a staff member in MYOB? I am not referring to tax calculations but simply when to actually put a tick box into the Payroll Details Box on the e...
Hello TomD
When entering in a termination date you are telling the software and the ATO when you report the termination date that you are no longer paying that employee. Depending on the employee's workplace agreement and reason for leaving can affect final payments.
I have attached a Help Article on processing a final pay which details all the steps in processing a termination.
Final pays can get complicated so we recommend you speak to an accounting advisor about the specifics of your final pay.
Please let me know how you go.
