Jan 20, 2025
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🎯 Annual Leave (Cashed Out) (Incorrect Hours) reduces the leave balance. If the Leave Balance does not need to be reduced, Annual Leave (Cashed Out) (Incorrect Rate) should be used instead.
🎯 If you are unsure if this Pay Type applies to your circumstances, please refer to the Payee's Employment Contract or obtain advice from either the Australian Taxation Office or Fair Work Ombudsman.
Annual Leave (Cashed Out) (Incorrect Hours) is applicable when the Payee was underpaid Annual Leave (Cashed Out) in a prior pay period due to incorrect hours being recorded in the Pay Run.
Payments with this Pay Type use the Rate Per Hour set in the Payee Master File, and Leave Entitlements are applicable, provided the rules have been configured. These payments are considered W1 (Total of Salary, Wages, and other payments), Taxable, and OTE (SGAA).