Annual Leave - Cashing up

Annual Leave - Cashing up

CASH-AL Cashed up Annual Leave 

In accordance with Section 28A of the Holidays Act 2003, employees can request to have up to one week of their entitled annual leave each year paid out to them.
The request and the approval should be in writing.  Review your leave balances and check the criteria from Employment New Zealand before approving any requests.
Always use the CASH-AL pay element as there are rules around how this payment is treated for Holiday Pay Liable Earnings and it is taxed as a lump sum or extra pay.
For more information here Employment New Zealand
For more information here IR Lump Sum or Extra Pay

Timesheet Entry 

  1. Payroll > Enter > Enter Timesheets
  2. Select the Employee's Name
  3. Enter the number of hours in the Green Qty box.
  4. Select > CASH-AL Cashed up Annual Leave from the drop down menu
  5. + Add
  6. From Date > date of the end of pay period
  7. To Date > date of the end of the pay period
  8. Save

Reviewing Leave Balances

  1. People > View People
  2. Select > Employee's name
  3. Select > Leave > Current Balances
  4. Select > Green AL button
  5. Review the After Last Pay > Bal




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