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.
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