Leave Pay is payroll function that allows a user to pay an employee in advance for a period of annual leave.
When Leave Pay is activated:
- The future payslip values are calculated in advance and paid out in the current pay period.
- The correct tax calculation is done (tax is spread over the leave period but deducted in the current pay period).
- The leave transaction can be captured for the annual leave to be taken (Optional).
- The freezing of employees’ Payslip Screens for the pay periods spanning the duration of the annual leave (no need to manually clear the employee's payslip every week)
We have many articles available on our Customer Zone to assist you with queries relating to the setup and other problem solving. You can also ask Pegg, our virtual in app assistant.
Here are the topics we cover:
- What is Leave Pay
- How to setup the Leave Pay earning line
- How to amend the Pension and Provident Funds to accommodate Leave Pay
- How to setup the Leave Pay Leave Transaction
- What is the difference between Leave Pay and Late Leave Pay
- How to activate Leave Pay
- How to activate Leave Pay in Bi-weekly companies
- How to use Leave Pay with Separate Payslips
- How to De-Activate Leave Pay
- How to globally Activate Leave Pay for all employees
- How to globally de-activate Leave Pay for all employees
- What report can you print to see which employees are on Leave Pay
- How does the UIF calculation work when activating Leave Pay
- Methods of Calculations: When to be Effective
Note: If you have not used this function before and you require step by step assistance you will have to book a consultation.