I have just found out that Reckon Accounts DOES NOT pay superannuation on Holiday Load. The ATO rul

Chris NicollChris Nicoll Member Posts: 4
I have just found out that Reckon Accounts DOES NOT pay superannuation on Holiday Loading. In our industry the ATO have ruled that we need to pay super on on Holiday Loading. When can this be corrected in Reckon Accounts

Comments

  • Acctd4Acctd4 Accredited Partner Posts: 898 ✭✭
    edited October 2019

    Hi Chris

     

    Originally, Super wasn’t payable on HL but the beauty of RA is that all the Payroll Items can be configured/edited as per your requirements.

     

    Double-click on the Holiday Loading Payroll Item & cycle through the windows until you get to Inclusions then just tick/select your Super Payroll Items to be included :)

     

     



    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    www.accounted4bs.com

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Professional Partner Bookkeeper / Registered BAS Agent (No: 92314 015)

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

  • Chris NicollChris Nicoll Member Posts: 4
    edited July 15
    Thanks Shaz - I have had all the super items ticked as an inclusion but now I look back to when I last paid my staff their holiday leave loading - super definitely was not paid on the leave loading amount.
  • John GraetzJohn Graetz Member Posts: 1,652 ✭✭
    edited October 2019
    Hi Chris.  Do you have the Leave Loading set up as a separate Payroll item?  It can happen at times that when you make a significant change to an item, such as this (where SGC is now calculated whereas it wasn't in the past), that it might not update in the Employee Record unless you refresh the item in the Employee Record.  By that I mean, deleting the item and reinserting it again.  I know from experience there are occasions on which this can occur.  You could run this as a test for one employee, doing a dummy run and paying Leave Loading and see whether or not my suggestion changes anything.
    John L G
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