MYOB PAYROLL ENTITLEMENT CATEGORY
• Create New payroll entitlement category.
o For example, to create “Annual Leave Entitlement”.
• Create a Wage Category.
o Each created entitlement category must have a <Linked Wages Category>. Therefore, it is necessary to create a wage category “Annual Leave” and have it linked to the “Annual Leave Entitlement”.
• Multiple wage categories can be created and linked to a common Entitlement Category as necessary.
Calculation of Entitlement percentages for MYOB =>
• Employee A has entitlement to 20 days of Annual Leave per year and works an 8-hour day.
Hours worked per year = 8 hr X 5 days/week X 52 weeks = 2080 hours
Annual Leave hours per year = 8 hr X 20 days = 160 hours
Percentage entitlement rate for Employee A to be used in MYOB = (160 / 2080) * 100% = 7.6923%