Terminations in foundU can be done easily in a 2 step process:
You may pay out an employee’s leave entitlement balance by clicking the drop-down arrow on the relevant leave type and selecting the termination option e.g. Annual Leave: Termination.
- You will be prompted to select the appropriate STP reportable label:
An icon will appear on the line item referencing the STP allocation.
Upon finalising any further edits, the payslip can be generated.
Please note: To apply PAYG withholding for lump sum annual and long service leave payments, you may enable the Override Tax option to manually enter the applicable tax amount.
Employee going from full time to casual & payout entitlements
If you have an existing full time employee e.g. Jane going to a casual position, when you add in the new positions details, a pop up will come up asking you if you'd like to pay out leave entitlements.
Use the toggles to choose which leave types you'd like to pay out. When these are selected they will appear on the employees payslip.