Time Off In Lieu with STP2
Single Touch Payroll Phase 2 (STP2) introduces two types of Time Off In Lieu (TOIL):- Hours taken (Leave Type O)
- Hours cashed out (Overtime)
These hours are accumulated when an employee works more hours in a day/week than their employment conditions stipulate.Once there are extra hours worked, the employee can either:1. Take time off and still get paid in an agreement with employer that is:- Hour for Hour: the employee worked 2 hours extra, so gets paid for 2 hours.
- Hours plus Penalty: the employee worked 2 hours extra at ‘time and a half’, so gets paid for 3 hours.2.
2. Cash in the value of the hours in an agreement with employer that is:- Hour for Hour: the employee worked 2 hours extra so gets paid 2 hours
- Hours plus Penalty: the employee worked 2 hours extra at ‘time and a half’, so gets paid for 3 hours.
Please note: Time Off In Lieu can only happen if the employee is in a Modern Award or Enterprise Agreement. Recording Time Off In Lieu
To record Time Off In Lieu there is a new tab in the Other Payments section called Overtime Time Off In Lieu when processing a single pay. Once you have entered the amount, you can choose from the two options below. - Choosing Hours Taken will classify the leave as Other Leave (Leave Type ‘O’ for STP2).
- Choosing Hours Cashed Out will classify the payment as Overtime for STP2.
Once recorded, Time off in Lieu will appear in several places in Cashflow Manager, including: - The Pay Summary screen for new and existing pays
- The Pay Advice Report
- The Payroll Categories Detailed report
- The Combined Payroll report
- The Combined Payroll drilldown report
- Clicking the Time off in Lieu amount will produce a ‘Time off in Lieu Detailed Report’
- the ‘Combined Payroll’ drilldown report
Related Articles
Wages Manager Basics
Wages Manager Wages Manager simplifies payroll by assisting employers with calculating wages, leave, tax, termination pays and superannuation. Single Touch Payroll and SuperStream is also available within Cashflow Manager Gold, Wages Manager and ...
Wages Manager - Reporting Options
The Reports section has comprehensive reports including analysis reports, ATO requirements, PAYG Summaries, Superannuation payments, and Pay Slips. Once a report is selected, there are options to select different parameters for the generation of the ...
Starting a New Financial Year in Wages
You can start a new financial year by following the below steps: 1. In the Employees section of Wages, select [Tools] in the top left 2. Select [Financial Year] 3. Select [Start New Financial Year] 4. The financial year ending will read 202X, select ...
Single Touch Payroll Guide
As a subscriber of Cashflow Manager, all fees involved with lodging your records via Single Touch Payroll are included with your Cashflow Manager Gold, Wages Manager or Wages 1-4 subscription fee. If you have any questions regarding Single Touch ...
Deleting Old Pays from the STP Event Lodgement Screen
Continue if you have previous pays listed in the Single Touch Payroll screen that you do not want to send. From the [Tools] menu or on the right-hand side of the Employees screen in wages, select [Single Touch Payroll] to open the Single Touch ...
Popular Articles
Completing your EOFY payroll
Finalising your year-end payroll It's important to note the final pay period for the financial year is the one that is PAID before the end of the financial year. The first pay period of the next financial year is the first one that is PAID during the ...
Starting a New Financial Year in Wages
You can start a new financial year by following the below steps: 1. In the Employees section of Wages, select [Tools] in the top left 2. Select [Financial Year] 3. Select [Start New Financial Year] 4. The financial year ending will read 202X, select ...
End of Financial Year Checklist
Be prepared and organised this end of financial year, with our easy-to-follow checklist. You can view and download the checklist here. We’ve provided seven steps to make your reporting as stress-free as possible, and if you’ve been using Cashflow ...
Single Touch Payroll Guide
As a subscriber of Cashflow Manager, all fees involved with lodging your records via Single Touch Payroll are included with your Cashflow Manager Gold, Wages Manager or Wages 1-4 subscription fee. If you have any questions regarding Single Touch ...
Deleting Old Pays from the STP Event Lodgement Screen
Continue if you have previous pays listed in the Single Touch Payroll screen that you do not want to send. From the [Tools] menu or on the right-hand side of the Employees screen in wages, select [Single Touch Payroll] to open the Single Touch ...