Hi Nicole,
In MYOB Business Pro, for $1.50 per employee per month, it only includes the employee payroll processed for that month. With your question about when an employee became terminated, yes, you are correct. The $1.50 per employee will stop. However, by the time an employee is terminated and there is a payroll processed in the month of termination, you will still be charged for the payroll usage.
Regarding the list of reports: You can check out the link here for more information.
Feel free to post again anytime if you require further assistance.
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Best regards,
Doreen