Annual Leave Loading

To set up Leave Loading, you can create either:

1. A separate accumulator for Annual Leave Loading for Tax. Create a Pay Transaction Type which can be a percentage (17.5%) or a rate modifier. Rate modifiers work best with back pay process. Make the modifier 0.1750.
   • If the Annual Leave Loading is paid when the leave is taken, on the Configuration tab, ensure your transaction type is included in the taxable accumulator.
   • If the Annual Leave Loading is paid out as a lump sum:
     • On the Configuration tab, ensure your transaction type is note included in a taxable accumulator.
     • On the Configuration tab, select Apply schedule 30 tax rules and select a tax transaction type for the taxation of the leave.
2. Accruing for Annual Leave Loading. Annual leave loading is paid out at a designated time, or at the same time that Annual Leave is paid.

• Annual Leave Loading Accrual