Termination Lump Sums

Payments made to employees upon termination may be added to the payslip by selecting the Termination Lump Sums system item as follows:

1. Go to the relevant employee's profile.
2. Click on Add next to Payslip Inputs.
3. Click on Termination Lump Sums.

Termination payments to the employee can be entered in the following fields:

• Long Service Payment – For more information on this field, see the following article:

  • Long Service Payment

• Severance Payment – For more information on this field, see the following article:

  • Severance Payment

  Long service payment or severance payment

  An employee will not simultaneously be entitled to both a long service payment and a severance payment.

• Other Termination Payment – Any other lump sum payment or gratuity paid upon retirement, or termination of any office or employment or any contract of employment.

• Payment in Lieu of Notice – For more information on this field, see the following article:

  • Payment in Lieu of Notice

When paying out accumulated leave on termination, you should use the built-in Termination Leave Pay item for this. Paying out leave on termination is discussed in the following article:

• Paying Out Accumulated Leave