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.