Super Guarantee did not upgrade to 9.5% in Payroll premier 2015/16

Legacy KB ID: 5319

Question

Why doesn’t the Statutory Super show as 9.5% after upgrade to Payroll Premier 2015/16?

Answer

Manually change the Statutory Super amount to 9.50% on the Employee’s record

 

The Issue

You will experience this issue when upgrading a Payroll Premier 2014/15 file to 2015/16 where the Statutory Super rate was below 9.50%.

The upgrade will only change the Statutory Super rate if

·         the new financial year requires a change in rate from the previous financial year,

·         and the rate in the old file was at that year’s Statutory Super rate.

There was no change in the Statutory Super rate from 2014/15 to 2015/16. 

If the Statutory Super rate is set at an amount different to the Statutory super rate (2014/15=9.5%) then it will not be changed to the Statutory Super rate of the new financial year. 

Files in 2013/14 and earlier upgraded directly to 2015/16 will have their Statutory Super rates upgraded to 9.5% if the Statutory Super rates are set at the rates for their years – 2013/14 = 9.25% and earlier = 9.0%

 

Workaround

Manually change the Statutory Super Rate in the Employee’s Record:

1.    Employee Record > Edit > super tab

2.    On the Statutory Super entry:

a.    change the Amount column to 9.50

b.    change the $ or % column to %

3.    click OK to Save.

  

Need more help?
Ask the Reckon Community at: https://community.reckon.com/reckon.

 

How did we do?

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