new

Payroll

New Zealand (NZ)

NZ Payroll: Improved Cost Allocation

We’ve updated how
KiwiSaver
and
Holiday Pay
costs are allocated in NZ Payroll to better handle splitting costs by team and account.
  • KiwiSaver lines in payslips are now proportionally allocated across teams based on earnings, which is also reflected in journal accounts.
  • Holiday Pay is now also split across teams and tracking categories based on the proportion of earnings in those teams/categories, instead of being allocated to a single journal account.