Want to create interactive content? It’s easy in Genially!

Get started free

PreLoadedRemunerationPayTypes

Thankyou Payroll

Created on October 10, 2024

Start designing with a free template

Discover more than 1500 professional designs like these:

Project Roadmap Timeline

Step-by-Step Timeline: How to Develop an Idea

Artificial Intelligence History Timeline

Museum Escape Room

Momentum: Onboarding Presentation

Urban Illustrated Presentation

3D Corporate Reporting

Transcript

Explore Our

Pre-loaded Remuneration Pay Types

Standard Pay

Sick Leave

Annual Leave

Retirement

Standard X 1.5

Public hol wrkd

Bereavement

Alt Hol [+] (days)

Lump Sum

Public Hol off

Alt Hol (-)

Ann Leave Cashed

Redundancy

Holiday Pay ($)

ACC wk1

Retirement

What is this for?

Retirement payment in conjunction with the employee’s final pay

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • dollar amount

Yes

View Help Doc

Bereavement

What is this for?

To enter bereavement leave in the timesheet so it will be paid in compliance with the Holidays Act calculations.

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • Standard Hours per day

Yes

View Help Doc

Redundancy

What is this for?

Redundancy payment in conjunction with the employee’s final pay

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • dollar amount

Yes

View Help Doc

Alt Hol [+] (days)

What is this for?

To add a day of alternative leave to the employee’s alt leave balance in compliance with the Holidays Act.

Is this taxable?

This pay type ties into Leave Balance and Leave Liability calculations.

How is it entered in the timesheet?

N/A

  • from Dropdown Pay Type list
  • number of days

View Help Doc

Ann Leave Cashed

What is this for?

Cashing out up to one week of the four-week allocation of annual leave per year. Only by written request and agreement.

Is this taxable?

*Does not get added to Gross for Annual Leave calculations.

Yes - specific legislation

How is it entered in the timesheet?

  • from Dropdown Pay Type list
  • Standard Hours per day

View Help Doc

Standard Pay

What is this for?

Standard employee pay as set in the Employee Profile for work hours or salary

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • Standard Hours per day
  • default pre-population of timesheet row if work pattern is set up

Yes

View Help Doc

ACC wk1

What is this for?

To pay at 80% of regular pay for the first week of leave due to a workplace accident.

Is this taxable?

How is it entered in the timesheet?

  • from Dropdown Pay Type list
  • Standard Hours per day

Yes

View Help Doc

Alt Hol (-)

What is this for?

To enter alternative leave taken or cashed up in the timesheet so it will be paid in compliance with the Holidays Act calculations.

Is this taxable?

This pay type ties into Leave Balance and Leave Liability calculations.

How is it entered in the timesheet?

Yes

  • from Dropdown Pay Type list
  • Standard Hours per day

View Help Doc

Annual Leave

What is this for?

To enter time off during annual holidays/leave in the timesheet so it will be paid in compliance with the Holidays Act calculations.

Is this taxable?

This pay type ties into Leave Balance and Leave Liability calculations.

How is it entered in the timesheet?

Yes

  • from Dropdown Pay Type list
  • Standard Hours per day

View Help Doc

Lump Sum

What is this for?

For one-off payment types that should be taxed, e.g. bonus

Remember: You may prefer to create a custom pay type for clarity and not use this general pay type.

Is this taxable?

How is it entered in the timesheet?

Yes

  • from Dropdown Pay Type list
  • dollar amount

View Help Doc

Sick Leave

What is this for?

To enter sick leave in the timesheet so it will be paid in compliance with the Holidays Act calculations.

Is this taxable?

This pay type ties into the Sick Leave Balance calculations.

How is it entered in the timesheet?

Yes

  • from Dropdown Pay Type list
  • Standard Hours per day

View Help Doc

Holiday Pay ($)

What is this for?

To pay out the 8% of Gross earnings to an employee on this leave setting in compliance with the Holidays Act.

Is this taxable?

This pay type ties into the Leave Liability calculations.

How is it entered in the timesheet?

Yes

  • from Dropdown Pay Type list
  • dollar amount

View Help Doc

Standard X 1.5

What is this for?

To pay at 1.5x regular rate for use when needed, such as for Overtime

Remember: You may prefer to create a custom pay type for clarity and not use this general pay type.

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • hours worked

Yes

Public hol wrkd

What is this for?

To pay at 1.5x regular rate for working on a public holiday in compliance with the Holidays Act

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • hours worked

Yes

View Help Doc

Public Hol off

What is this for?

Paying an employee their ordinary rate for an unworked public holiday that falls on their otherwise working day.

How is it entered in the timesheet?

Is this taxable?

  • from Dropdown Pay Type list
  • Standard Hours per day

Yes

View Help Doc