Creating an additional Holiday Loading item

Legacy KB ID: 4946

Question

I need to track Holiday Loading differently for different categories of employees.  Can I create additional Holiday Loading items?

Answer

With the change of tax treatment of Holiday Loading pays on 1st July 2012, you can now create multiple Holiday Loading items without an adverse impact on PAYG charging.

 

Detailed Instructions

Create a new Holiday Loading item called Holiday Loading 2

  1. In the Payroll Item List New > Wage > Other
  2. Follow the Wizard and set Holiday Loading 2 as a percentage – eg: 17.5%;

Add the new payroll item to the Earnings section after normal earnings and holiday items:

  1. If using salary items, transcribe the amount for Holiday Salary to the Quantity column for Holiday Loading 2;
  2. If using holiday pay items, transcribe the amount for Holiday Pay in the Employee summary to the Quantity column of Holiday Loading 2. 

Check your entry for Holiday Loading 2 in the Employee Summary.

Need more help?

Ask the Reckon Community at: https://community.reckon.com/

Or Log a Support Ticket: https://www.reckon.com/au/support/

 

How did we do?

Leave Used in Employee Record does not update

I have entered a FBT amount and it is not showing on my Payment Summary for the financial year, I use Quickbooks 2007/08.

Related Articles

Create Casual Loading Item
Payroll Premier: Enable Leave Loading/Holiday Loading to be included in Super calculations
How do I enable Leave Loading/Holiday Loading to be included in Super calculations in Reckon Accounts?
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