Payroll Processing > System Items > Leave Paid Out

When an employee’s service ends, employers are required to pay out any annual leave that they have accumulated and not taken. This can by done by clicking on Add (next to Payslip Inputs) > Leave Paid Out.

The system uses the normal annual leave rate to calculate the payment due. You can override this rate completely on this screen by checking Override calculated rate and entering the rate you would like the system to use. You should override the rate if this employee has additional benefits such as employer contributions to medical aid or retirement funds, as this is not taken into account by the system.

You are using the help system of SimplePay, a payroll system that simplifies the payroll process. Designed just for Singapore, it's a fully online solution. Read more.