Xero Payroll – How to Pay Out Annual Leave on Termination

When an employee leaves your business you may need to pay out their unused annual leave balance. That is, the balance of annual leave that builds up over time that your employee has not used to go on holiday.

Check out our video on how to properly pay out an employee’s annual leave balance when their employment with your business has been terminated.

In the video, we use Xero’s Australian demo company, however the process may be similar in other countries so you can get some value out of it no matter where you are located.

If you would like to learn more about Xero, check out our comprehensive Xero Courses and our YouTube channel.

Disclaimer: Our articles and videos are here to inform you and the information provided does not constitute financial, taxation, legal, business or other professional advice and should not be relied upon as such. See our full disclaimer here.