Superannuation Guarantee Increase to 10%

megan_10040714
megan_10040714 Member Posts: 93 ✭✭

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

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,315 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited June 2021

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

    Shaz Hughes Dip(Fin) ACQ NSW, MICB

    *** Reckon Accredited Partner (AP) Bookkeeper - specialising EXCLUSIVELY in Reckon Accounts / Hosted ! ***

    * Regd BAS Agent (No: 92314 015)* ICB-Certified Bookkeeper* Snr Seasonal Tax Consultant since 2003 *

    Accounted 4 Bookkeeping Services

    Ballajura, WA

    [email protected]

    https://accounted4.com.au

    (NB: Please give my post a Like or mark as Accepted Answer if I have been able to resolve your query as this helps others when seeking solutions!)
  • Bruce
    Bruce Member Posts: 439 Professional Partner Professional Partner
    edited June 2021

    @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.

  • megan_10040714
    megan_10040714 Member Posts: 93 ✭✭

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

    Thanks

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,190 Community Manager 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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  • Tarah
    Tarah Member Posts: 4

    Hi @Rav is there a quick way to update all employees superannuation guarantee to 10% in Payroll Premier? Or do we have to change each employee manually? We've done the update for 2021/2022 and in preferences it shows super at 10% but each employee still stays at 9.5%.

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,190 Community Manager Community Manager


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