Adding Holiday Pay to a Timesheet 

Holiday Pay is paid to employees on employment agreements of less than 12 months or where they will have an Annual Closedown period within 12 months of commencing employment. 

 Holiday Pay is calculated at 8% of Gross income (unless otherwise agreed contractually) and accumulated and paid at the end of the employment period.

• For Casual employees the 8% is included in every pay.  For an example of  Casual Employees, follow this link.
• This timesheet example applies to Fixed-term Employees using the leave setting: '8% of gross earnings (temp and irregular scenario)'

1. Add a new row to the timesheet by clicking on the green + sign.
2. Select the payment type: Holiday Pay ($) from the dropdown menu on the left of this row.
3. Fill in the dollar amount ($) for the Holiday Pay to be paid on the days taken.
   1. Fixed-term employees are paid their leave from their accumulated Holiday Pay balance.
   2. On this timesheet, the entry is for $130 (dollar amount), not 130 hours.
      1. This is calculated at 5 hours (regular hours) x $26 per hour (hourly rate) = $130
   3. Holiday Pay can also be entered as a bulk amount to be paid out to the employee.
4. Adjusting the 'Standard Pay' row entry/ies for part days.
   1. If a full day is taken, the standard pay row for that day should be blank as in the example above.
   2. If part of a day is taken, the hours worked should be entered in the 'Standard Pay' row and 'Holiday Pay ($)' added for the balance.
      1. For example, if this employee only took 2 hours off, the remaining 3 hours of the regular 5-hour work day is entered in the 'Standard Pay' row.
      2. The 'Holiday Pay ($)' row entry will be calculated at 2 hours (leave taken) x $26 (hourly rate) = $52 
5. Update and Save this timesheet. The timesheet boxes will be green when the timesheet has been saved.
6. The 'Gross balance' for the timesheet is the total of the hours worked entries and the Holiday Pay added to the timesheet. 
7. The 'Pay day transfer' amount indicates what the employee will receive in their bank account
8. To check the value for each separate entry in the timesheet, left-click in the green timesheet box for that entry.  Here is an article explaining the cost tracking for this timesheet.
   
   

That is it! You have now successfully loaded Holiday Pay in your employee's timesheet.