Setting up Super Salary Sacrifice in Accounts Plus 2020

Cath711
Cath711 Member Posts: 2 ✭

Completely new to this accounting software. Have managed to find some online help, but can only get this far.

Have selected Payroll item type - Company Contribution, then the next page will not give any drop down options, box is greyed out so I can't select Salary Sacrifice (SS).

How can I get past this to set it up correctly?

Thanks

Cath

Comments

  • Acctd4
    Acctd4 Accredited Partner Posts: 3,167 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Hi Cath

    A Company Contribution is an additional liability the Employer has to pay for. Salary Sacrifice isn't a Company Contribution as it's a portion of the Employee's own gross wage that they are choosing to 'sacrifice' in return for a reduction in their PAYG tax liability.

    Therefore, you need to select the last Payroll Item Type Super Contribution (Company & Employee Contribution). You will then be able to select Salary Sacrifice (SS) from the Super Contribution dropdown list 😊

    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!)
  • Cath711
    Cath711 Member Posts: 2 ✭

    Thanks Shaz, appreciate your help.