Super % on Annual leave is wrong

Kris_Williams
Kris_Williams Member Posts: 3,201 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
in Payroll Premier

Super of 8.5% is all that is calculating on the annual leave pay rate and I can’t find anywhere to change it

Answers

  • Rav
    Rav Administrator, Reckon Staff Posts: 15,087 Community Manager Community Manager

    Hi @Kris_Williams

    If you're using the Payroll Premier software and utilising 'Awards' then I'd recommend checking out the guide below -

    https://help.reckon.com/article/8x6lqoqbu9-update-superannuation-amounts-in-awards


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  • Kris_Williams
    Kris_Williams Member Posts: 3,201 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert

    Not using awards and nothing in Lists Awards. It seems that the annual leave pay rate is not picking up the default super rate of 10% and hasn’t for quite some time as it still calculating at 8.5%

  • Robert_10860986
    Robert_10860986 Member Posts: 1 ✭

    Sorry, bit of a thread dig.

    I just checked this and Kris is correct, kind of.

    It looks like Payroll Premiere is calculating SGC of 10% but only on the base rate. It is excluding Annual Leave Loading.

    Annual Leave Loading should be included in Ordinary Time Earnings and as such, should be included in Super Guarantee Payments.

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