Novated Leases

Novated Leases are available to Australian employees:

  • Add a "Novated Lease" entry to Codes..Agencies (and complete it correctly - type will be Salary Packaging)
  • Add a Payment entry to the employee for the amount required each pay period

Here are example screenshots:

 

This sets up a salary packaging code for your Novated Lease (which will be paid by your employer)

The entries here are from a sample agreement and assumes a weekly pay cycle, and for a period of 24 months (adjust as appropriate for your pay cycle).

We recommend running a test pay (including payslip) then produce a super report and payment summary to ensure everything is set up and working correctly.

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