How do I update my leave liability?

Legacy KB ID: 946

Question

How do I update my leave liability?

Answer

Annual leave (Holiday Leave) should reflect the amount recorded within your leave liability report. In order to update your leave liability you should:

1) Open up your leave liability report (Reports > Employees & Payroll > Leave Liability Report)

2) From your leave liability report, add up all amounts within the Hol $. (You may wish to use the Excel export to calculate this amount)

3) Now compare the amount of leave liability calculated to the amount that you have accrued. If there is a difference, use the register to adjust your balance. (Edit>Use Register and then select the leave liability account you have set up).

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