Story image

Xero updates NZ Payroll feature

02 Sep 2016

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.

Google 'will do better' after G Suite passwords exposed since 2005
Fourteen years is a long time for sensitive information like usernames and passwords to be sitting ducks, unencrypted and at risk of theft and corruption.
Commission warns Spark for misleading in-contract customers
The warning follows an investigation into representations Spark made on its website and in emails in August and September 2018.
Qualtrics aims to help organisations master experience management
Experience Basecamp helps users master XM products, including CustomerXM, EmployeeXM and Research Core.
Cloud innovation driving NZ IT services market, says IDC
Managed services makes up the largest portion of total IT services revenue. However, the project-oriented market achieved the highest YoY growth.
Kiwi software company aims to improve global customer experience
Plexure has developed an intelligent technology platform that powers mobile marketing.
Hands-on review: Playing the long game with the The iPhone XR
The red XR is a rare case of having a phone that’s ‘too pretty to be covered’ - and it’s not hard to see why.
What the future of fibre looks like in NZ
The Commerce Commission has released its emerging views paper on the rules, requirements and processes which will underpin the new regulatory regime for New Zealand’s fibre networks.
Gen Z confidence in the economy is on the decline
Businesses need to work hard to improve their reputations.