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Superannuation Guarantee Increase to 10%

meganmegan Member Posts: 49

Hi Everyone

Is there quick way to update all employees superannuation guarantee to 10%. Have change the payroll item but employee files stays at 9.5%. Will we need to go into all of our employees cards to update individually? We have over 200 employees.

Also is there a report I can create in Reckon Accounts Hosted that will show the percentage of superannuation guarantee we can run to check all employees have had their file updated to 10%?

Comments

  • Acctd4Acctd4 Accredited Partner Posts: 1,062 ✭✭✭
    edited June 8

    @Rav - That's great to hear !!!! 😊

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    Reckon Accredited Partner (AP) Bookkeeper * Regd BAS Agent (No: 92314 015) *

    ICB-Certified Bookkeeper * Seasonal Tax Consultant since 2003

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    0422 886 003

    [email protected]

    https://www.accounted4bs.com/

  • BruceBruce Member Posts: 301 ✭✭✭
    edited June 8

    @Rav I have a number people whose remuneration is expressed as a package (which won't be changing at 1 July) meaning that their salary will go down whilst their sup'n goes up when we move to 10%.

    I assume that I will still have to go through and manually adjust salaries for this group of employees.

  • meganmegan Member Posts: 49

    Thanks @Rav excellent news. Any idea when the new release will come out?

    Thanks

  • RavRav Administrator Posts: 10,570 Community Manager

    Hi Bruce,

    In this instance, yes you would need to go in and edit the salary figure unfortunately. I'm going to edit my earlier response above as although the new 10% rate will be updated automatically in the new release, making changes/edits will depend on the specific set of circumstances.


    Its going through final testing right now so will get more info on the specific date after that's completed but it'll be the week after next. More info on this to follow though so stay tuned.

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