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Paying your employees > Processing termination payments
Processing termination payments
Before you process a termination payment for an employee, you need to calculate any termination amounts you owe the employee—for example, accrued holiday pay—in addition to processing their final standard pay.
note : Before you begin
Check the relevant award or employment contract for exact details of what needs to be paid to the employee on termination.
Do the following tasks to process a termination payment.
Task
 
 
1
Process the final standard pay
 
2
Determine any outstanding entitlements
 
3
Create payroll categories for termination payments
 
4
Exclude termination payroll categories from superannuation calculation
 
5
Record the final termination pay
 
6
Enter termination details
 
7
Terminate an employee in Single Touch Payroll reporting

If you haven't reported pays for the employee via STP, you'll need to Prepare an ETP summary instead.
 

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