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Workspace Reckon Accounts Business
Categories Desktop & Hosted
Created by Guest
Created on Apr 8, 2019

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Fix the leave liability report

The leave liability report uses the incorrect hourly rate for many of our employees.  This is a widely used report by businesses and should show the correct balances 

  • ADMIN RESPONSE
    Apr 14, 2019

    This is a known issue, and the resolution can be found in our knowledge browser HERE


    On the rare occasion this does not address the issue, try deleting the employees pay item defaults, saving, rebuilding the data file, and re-enter the defaults (this should not be required).

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  • Admin
    Jason Hollis
    Reply
    |     Apr 17, 2019

    No problem Terry - apologies for the confusion as this idea was listed under Reckon Accounts. 

  • Guest
    Reply
    |     Apr 16, 2019

    Thanks Jason  I am in RECKON ONE and it did default to a different number . All good I  fixed it now 

  • Admin
    Jason Hollis
    Reply
    |     Apr 15, 2019

    Thanks Patricia. Each employee record is set up with their own rate in Reckon Accounts (we do not provide a default). If you have your time set to calculate using decimal places, we allow 5 maximum decimals so you would use 0.07692 (if you accrued 152 hrs per year for 1976 total hours worked incl all paid leave).

    However if you track hours by TIME format (0:00) it rounds to 0:05 (5 minutes) which isn't as accurate. That is why we would recommend using the DECIMAL PLACE preference.


    Hope that helps,

    Jason

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  • Guest
    Reply
    |     Apr 15, 2019

    Hi jason

     

    on fair work site it uses 0.0767123304484894 per hour under NES 

    however myob program uses .0769

    Regards

    Patricia 

    Annual leave en...
    Annual leave entitlement per hour fair work.pdf
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    Annual leave entitlement per hour fair work.pdf
  • Admin
    Jason Hollis
    Reply
    |     Apr 14, 2019

    Hi - please provide more detail on the comment above so we can investigate. 

  • Guest
    Reply
    |     Apr 12, 2019

    the hourly rate for annual leave is incorrect - should be .0769 accruing per hour worked