Reckon One - 10% Super Guarantee - 1st July

Arron
Arron Member Posts: 14 Reckoner Reckoner
in Reckon One

Hi there,


Just a quick question about Compulsory Super Guarantee raising to 10% on 1st of July.


Will I need to update each employee manually or will Reckon One automatically change these figures over on the first pay run of the financial year?


Thanks,

Arron

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,371 Reckon Community Manager Community Manager

    Hi @Arron

    Reckon One will be updated to accommodate the change to 10% from the next financial year so you won't need to do anything manually.

    Reckon.png

    🎉 Get rewarded for contributing to the Reckon Community! Learn how you could get a $100 gift voucher each month HERE.

  • heather_6486903
    heather_6486903 Member Posts: 15 Reckoner Reckoner

    Our payroll finished on 29.6.21 but paid on the 1st July- should the super increase have started for this payroll?

  • Andrea Male
    Andrea Male Member Posts: 14 Novice Member Novice Member

    Hi Rav,

    I just processed payroll today after upgrading to the 2021/22 software (payroll premier) and it has still only calculated super at 9.5%, not the 10%.


    Please urgently advise.

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