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Holiday Pay accrual into Xero

Hi guys,

how would you suggest to show the holiday pay as an accrual in Xero?

Just via the leave owing report and enter as a journal and reverse the next month? 

Cheers

Anja

Anja O'Connor Answered

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Yes, I think that's the best way. We have recently changed the leave summary report to show leave owing amounts based only on the average pay rate (12 month average) instead of the higher of average or ordinary (4 week average). The accrual amounts would fluctuate too dramatically if we used higher of average or ordinary.

We are planning to develop two new reports in the next few weeks to show gross earnings over a selected period and leave owing at a selected date.

Robert Owen 0 votes
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