Story image

Xero updates NZ Payroll feature

02 Sep 16

Xero has announced several changes to its Payroll feature to help businesses process leave requests from their employees.

The changes include setting up Payroll to show annual leave an employee can take in advance of becoming entitled to it, as well as automatically calculating annual leave entitlement when a new employee is set up in the system, or when changes to an existing employee’s working hours are made.

According to Xero, the biggest addition in the update is that a business can now set up an employee’s annual leave balance to display the amount of leave they can take in advance.

An employee who previously had no leave in their balance, for instance, might now have some leave available — this is their ‘leave available to take in advance.’

The new feature is enabled by default for all new employees, and can be switched on for existing employees.

Once the feature is enabled, employee’ annual leave balances will show on their payslips in the employee portal and Xero Me mobile app. Only Payroll admins will now see holiday pay balance in dollars when this option is turned on.

Automatic calculation of hours accrued annually

Employers will no longer have to manually enter hours accrued annually for employees. It’s automatically calculated based on their weekly hours multiplied by half their holiday pay percentage.

For employees who aren’t subject to the Holidays Act — such as business owners who pay themselves — businesses can set the holiday pay percentage to zero and they won’t accrue annual leave.

DigiCert conquers Google's distrust of Symantec certs
“This could have been an extremely disruptive event to online commerce," comments DigiCert CEO John Merrill. 
Protecting organisations against internal fraud
Most companies tend to take a basic approach that focuses on numbers and compliance, without much room for grey areas or negotiation.
Telesmart to deliver Cloud Calling for Microsoft Teams
The integration will allow Telesmart’s Cloud Calling for Microsoft Teams to natively enable external voice connectivity from within Teams collaborative workflow environment.
Jade Software & Ambit take chatbots to next level of AI
“Conversation Agents present a huge opportunity to increase customer and employee engagement in a cost-effective manner."
52mil users affected by Google+’s second data breach
Google+ APIs will be shut down within the next 90 days, and the consumer platform will be disabled in April 2019 instead of August 2019 as originally planned.
GirlBoss wins 2018 YES Emerging Alumni of the Year Award
The people have spoken – GirlBoss CEO and founder Alexia Hilbertidou has been crowned this year’s Young Enterprise Scheme (YES) Emerging Alumni of the Year.
SingleSource scores R&D grant to explore digital identity over blockchain
Callaghan Innovation has awarded a $318,000 R&D grant to Auckland-based firm SingleSource, a company that applies risk scoring to digital identity.
IDC: Standalone VR headset shipments grow 428.6% in 3Q18
The VR headset market returned to growth in 3Q18 after four consecutive quarters of decline and now makes up 97% of the combined market.