Manage Superannuation items
Superannuation items
Reckon payroll App has two pre-configured superannuation items, Super guarantee and Salary sacrifice for super, for you to use in your pay runs. To view these superannuation items go to the Settings menu and select Superannuation items.
Super guarantee
The Super guarantee is configured to the statutory rate, currently 11%, and the Expense account is set to Payroll Expenses: Superannuation.
To make changes to the Super guarantee, select Edit followed by the Super item details. This will allow you to update the name, provide a description, change the expense account, and enter a custom amount for monthly super threshold.
Once you have made the necessary changes select Done.
Salary sacrifice for super
The Salary sacrifice for super is configured as a fixed amount gross deduction.
To make changes to the Salary sacrifice for super, select Edit followed by the Super item details. This will allow you to update the name, provide a description, set the rate basis, enter a default rate, and set a minimum gross pay amount and deduction limit.
Additional super items
Reckon payroll allows for the following superannuation items to be configured:
- Super guarantee
- Employer Additional
- Productivity
- Collective Agreement
- Salary Sacrifice
- Member Voluntary
- Spouse Deduction
To add one of these go to Settings, select Superannuation items and:
- Select the plus sign in the top right corner.
- On the New super item screen select Enter super item details.
- Select Superannuation type
- Enter the details and select Done
- Select Done
- The item will appear in the Superannuation items list
Need more help?
Ask the Reckon Community at: https://community.reckon.com/categories/payrollapp
Or
Log a Support Ticket: https://www.reckon.com/au/support/
