Payroll
- An issue that caused the summary option in the General Ledger Interface to summarise into the default account / C-B-D only has been corrected.
- All leave calculations (including leave accrual and leave on termination calculations) have been revised to use Minimum Salary as the effective rate of pay when the Minimum Salary algorithm is in use. Note that this implements the requirements of one client’s workplace agreement only and will not generally effect leave calculations for other clients.
- New. The reports menu now contains the Ordinary Time Earnings Report. The report compares ordinary time earnings to superannuation contributions and calculates the actual rate of employer contributions as a percentage of ordinary earnings.
- The system now calculates the default number of days when processing leave transactions in Pay Details Entry. Note that this is an approximate value and should be checked against the employee’s actual forward roster. The formula used is …
Days = N – PH – RDO
where:
N = the Number of days between the start and finish leave dates
PH = The number of Public Holidays between the start and finish dates
RDO = The number of standard RDO days (weekends) between the start and finish dates. This is calculated as 2 days for every 7 days of leave.