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New Zealand - Termination - Pay out In Lieu of Notice

Updated over 2 months ago

If an employee, who has been dismissed or has resigned, needs In Lieu of Notice paid out, complete the following steps:

  1. Create an Addition Before Tax in Maintenance, General, Additions and Deductions.

  2. In Transactions, Processing, Manual Calculation, select Adds Before Tax, Add, and then select the Addition created in step 1.

  3. Select Bonus Calc, Lump Sum Payment, OK.

  4. In the Lump Sum Tax Calculator, enter the relevant values and select Calculate Tax.

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