It’s end of financial year – time to start thinking about your annual accounts. What do you need to pull together so we can get it right and help your business succeed? Read to find out more.
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It’s end of financial year – time to start thinking about your annual accounts. What do you need to pull together so we can get it right and help your business succeed? Read to find out more.
Continue readingHey – business owner, this one is for you. Let me tell you about how Hubdoc can help you save countless hours with bookkeeping, eliminate data entry, and give you back control of your business. Read our latest article to learn more and register for the upcoming live Webinar.
Continue readingVisit MBIE’s website for more information about increased sick leave entitlements.
You need to review and update your employees’ records to account for the new minimum sick leave entitlement. Xero automatically assigns one of the following sick leave statuses to an employee’s record based on their next anniversary date:
Choose the the correct Sick leave status below and follow the steps to update your employee’s record.
Employees with the sick leave status Needs review have their next sick leave anniversary on or after 24 July 2021 and either:
To review and update the sick leave entitlement for each employee with Needs review status:
Repeat the process for each employee with Needs review status.
Employees with the Minimums met status have their next sick leave anniversary on or after 24 July 2021 and:
We recommend reviewing these employees’ employment agreement to determine if they are entitled to more than the minimum.
If you need to make any adjustments to these employees’ annual entitlement, for each employee with Minimums met status:
Repeat the process for each employee with Minimums met status.
No action is required at this time for employees with a Review Later status. Their next sick leave anniversary falls before 24 July 2021.
When these employees have been included in a pay run that spans their anniversary:
Once the employee’s anniversary has been included in a pay run, return to the Sick Leave Review tab to review the employees status and make any updates needed.