Two payments have been set up to pay accrued annual leave. 'Annual lve accrued pre 93' should be used for annual leave accrued prior to 18 August 1993; 'Annual lve accrued post 93' can be used to pay annual leave accrued after 18 August 1993.
Three payments have been set up to pay accrued long service leave. Use 'LSL accrued pre 16/8/78' to pay long service leave accrued prior to 16 August 1978, 'LSL accrued post 78 pre 93' for long service leave accrued after 15 August 1978 and before 18 August 1993, and use 'LSL accrued post 93' for long service leave accrued after 18 August 1993 if the amount was paid because the employee ceased employment under an approved retirement scheme, because of invalidity or because of bona fide redundancy.
Two payments are set up to pay leave loading. 'Lve Loading accrued pre 93' is to pay leave loading accrued prior to 18 August 1993, and 'Lve Loading accrued post 93' is for leave loading payments accrued after 18 August 1993.
The remainder of the redundancy pay shold be entered with the Kwik-Pay pay item 'Redundancy pay, taxable'. Kwik-Pay will calculate the tax due, and add a separate pay item, 'Lump Sum A Tax' to the employee's pay with the amount of tax due. The taxable redundancy pay will be reported on the employee's payment summary as a 'Lump sum A' amount, of type 'R', and the tax will be included in the payment summary total tax, which includes the tax on their income during the year.