Superannuation

Jevans
Jevans Member Posts: 2 ✭
in Reckon Payroll App & Web

Hi . Will there be an update so we can manually enter superannuation regardless of the threshold . We pay regardless and not being able to do it each week puts our record keeping out of whack .

Kind regards Jen

Answers

  • swakhlu01 .
    swakhlu01 . Member Posts: 483 Payroll App Expert Payroll App Expert

    @Jevans Just to be clear are you asking if Payroll App can be modified to compute Superannuation guarantee contribution even when the employee wages are under the threshold - currently $450.

  • Jevans
    Jevans Member Posts: 2 ✭

    Yes that’s correct . We pay regardless of threshold.

  • swakhlu01 .
    swakhlu01 . Member Posts: 483 Payroll App Expert Payroll App Expert
    edited September 2021

    @Jevans I am sure there might be some way to overcome the current feature implementation constraint in Payroll app (which is as per the tax law and likely to change in 2022). I will give it some thought and provide some ideas if I can. Can you not use the Salary sacrifice component to get the same outcome?

    This I understand is the current position on any upgrade by Reckon on this.

    https://community.reckon.com/discussion/8028868/manual-input-of-super-guarantee-and-taxation


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