1. Click Pay Types > New Pay Rate or
    Click Pay Types from the Side Bar, Navigate to Pay Type, click on the drop-down menu and change to Pay Rate then click New.
  2. In Description, enter WorkCover.
  3. In Paid by, select Per Hour, Per Lump Sum or Per Pay Period.
    1. If accruals (Annual, Personal or Long Service) are applicable, please ensure the Paid By is set to the same as the Accruals Method set in the Employees award & Agreement.
  4. In Tax Treatment, select as directed by your Accountan, Bokkkeeper, Financial Advisor or Work Cover. We have found the following Tax Treatments are commonly selected,
    • Ordinary Pay    
    • Variable Tax    
  5. In Report to enter WorkCover.
  6. If required, change the following fields,
    1. Tax
      1. Payroll Tax
    2. Accruals
      1. Long Service Leave
      2. Annual Leave
      3. Superannuation (OTE)
      4. RDO’s
      5. Personal Leave
  7. Click Save then Exit.
Revision: 14
Last modified: Mar 27, 2020

Feedback

Thanks for your feedback.

Post your comment on this topic.

Post Comment