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MYOB Essentials with Payroll, Australia, only

The new MYOB Essentials uses leave pay items to track the hours of leave an employee accumulates.

When you were upgraded, default leave pay items were assigned to your employees.

These pay items ensure that leave is accrued and paid out at the same rate your employees received before the upgrade. There's nothing for you to set up, although you can customise these pay items if you want.

To see the default leave accrual pay items and to understand how they calculate accrued leave, click the relevant dropdown below.

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titleSalaried employee accruing annual leave
An employee set up like this in old MYOB Essentials......is assigned this pay item in new MYOB Essentials
Employee is paid anLeave type and entitlementDefault leave pay item in new MYOB EssentialsHow the pay item calculates leave accruedHow the pay item and calculation appears in the employee's Standard pay (see also Reviewing leave accruals)

annual salary

Annual leave – weeks (pro-rata)

 

 

  • Weekly pay cycle : weeks entitled * hrs worked per week / 52

  • Fortnightly pay cycle : weeks entitled * hrs worked per week 26

  • Monthly pay cycle : weeks entitled * hrs worked per week  / 12
Example: a salaried employee who works 38 hours a week and is entitled to 4 weeks annual leave will accrue 2.923 hours of annual leave a week (4*38/52)

Annual leave – hrs/year (fixed)

  • Weekly pay cycle : hours entitled / 52
  • Fortnightly pay cycle : hours entitled / 26
  • Monthly pay cycle : hours entitled / 12
Example: a salaried employee who works 38 hours a week and is entitled to 152 hours annual leave will accrue 2.923 hours of annual leave a week (152/52)
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titleSalaried employee accruing personal leave
An employee set up like this in old MYOB Essentials......is assigned this pay item in new MYOB Essentials
Employee is paid anLeave type and entitlementDefault leave pay item in new MYOB EssentialsHow the pay item calculates leave accruedHow the pay item and calculation appears in the employee's Standard pay (see also Reviewing leave accruals)

annual salary

Personal leave – hrs (pro-rata)

  • Weekly pay cycle: weeks * hrs per week / 52

  • Fortnightly pay cycle : weeks * hrs per week 26

  • Monthly pay cycle :weeks * hrs per week  / 12
Example: a salaried employee who works 38 hours a week and is entitled to 76 hours personal leave will accrue 1.462 hours of personal leave a week (76/52)

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titleHourly rate employee accruing annual leave
An employee set up like this in old MYOB Essentials......is assigned this pay item in new MYOB Essentials
Employee is paid anLeave type and entitlementDefault leave pay item in new MYOB EssentialsHow the pay item calculates leave accruedHow the pay item and calculation appears in the employee's Standard pay (see also Reviewing leave accruals)

hourly rate

Annual leave – weeks (pro-rata)

% of gross hours

As your employees are entitled to the minimum 4 weeks of annual leave under the National Employment Standards, the pay item uses 7.6923%.

Example: an hourly employee who works 38 hours a week and is entitled to 4 weeks annual leave will accrue 2.923 hours of annual leave a week (38*7.923%)

hourly rate

Annual leave – hrs/year (fixed)

    • Weekly pay cycle : hours entitled / 52
    • Fortnightly pay cycle : hours entitled / 26
    • Monthly pay cycle : hours entitled / 12
Example: an hourly employee who works 38 hours a week and is entitled to 152 hours annual leave will accrue 2.923 hours of annual leave a week (152/52)

UI Expand
titleHourly employee accruing personal leave
An employee set up like this in old MYOB Essentials......is assigned this pay item in new MYOB Essentials
Employee is paid anLeave type and entitlementDefault leave pay item in new MYOB EssentialsHow the pay item calculates leave accruedHow the pay item and calculation appears in the employee's Standard pay (see also Reviewing leave accruals)

hourly rate

Personal leave – hrs (pro-rata)

 % of gross hours

As your employees are entitled to the minimum 10 days of personal leave under the National Employment Standards, the pay item uses 3.8462%.

Example: an hourly employee who works 38 hours a week and is entitled to 76 hours personal leave will accrue 1.462 hours of personal leave a week (38*3.8462%)

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Reviewing leave accruals

You can see the leave accrual pay items assigned to your employees in the Leave section of their Standard pay.

If an employee is assigned a leave accrual pay item with user entered amount calculation basis, you'll see a figure in the Hours column next to their leave accruals:

Click the name of the leave accrual to see how it's set up.

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Any changes you make to a leave pay item affects all employees using that pay item.

Find out more about leave

For information on:

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Want to learn more about what's different in your new MYOB?

For more information on the upgrade of MYOB Essentials:

 

 

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Take the free online course at MYOB AcademyImage Removed
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titleRelated topics
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Learn about payroll changes after upgrading

Learn about general feature changes after upgrading

Post-upgrade payroll tasks

Set up leave

Review standard pay details

 

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