Payroll: Company Closedown (NZ)

For New Zealand companies, we've made it easier to pay employees that can’t take annual leave for a company closedown. Previously, this involved a manual workaround.

Now, paying a company closedown amount is like making any other payment. All you have to do is identify the employees that should be paid, then add the new company closedown pay item to the employee’s pay. Everything else is handled behind the scenes – you no longer need to manually process entitlement adjustments or reset the annual leave trigger date.

For detailed information on using the new features, see Company Closedown.