Currently there are delays with STP submissions being processed due to a ATO system issue. Submissions are currently queued and will be sent for processing once we've received confirmation the ATO have resolved their issue.
Setting up an Employee for Additional Voluntary Superannuation

I have an employee (Employee A) who requested to deduct an additional $50 per week superannuation from their weekly wage. We have an existing employee (Employee B) who does the same but for a different amount ($10 per week) however Employee B's superannuation is being paid to a different Super Fund.
For this reason I created a new Payroll item for Employee A and mirrored the settings/selections based on the payroll item set up for the Employee B only changing the Superfund and the value. Upon closer inspection, I have just realised that the payment of $50 for Employee A has only deducted once and not in the subsequent pay runs.
I can't understand why this has occurred and what I have done for the deduction not to occur each weekly payroll run.
Comments
-
It is possible that this problem is being caused because I have not ticked the checkbox "Tick if the limit is per pay period"?
0 -
You need to remove the Limit amount completely! This field is to prevent amounts being deducted in excess of any Limit amount specified, therefore, if you've entered a limit of $ 50, it won't deduct any more than this in total (hence only the one amount of $ 50 has automatically deducted)
Is the employee salary sacrificing (deducting from gross earnings to reduce their PAYG tax) or is the $ 50 to be deducted from their net pay ?
The Member Voluntary type is only if the deduction is not affecting their tax, otherwise the type should be Salary Sacrifice 🙂
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
0422 886 003
(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!)
1 -
Hi Shaz,
thank you for your reply. I do want to set up the employee as salary sacrificing.
Do you know the steps on how to set this up in Reckon, as I have not done this before?
Regards,
Sarina
0
Categories
- 17.9K All Categories
- 6.2K Accounts Hosted
- 5.7K Reckon Accounts (Desktop)
- 10 PaySauce for Reckon Accounts NZ
- 2.9K Reckon One
- 7 Reckon Invoices App
- 917 Reckon Payroll App
- 9 Payroll App - Help Videos
- 13 Reckon Mate App
- 11 Reckon Insights
- 98 Reckon API
- 758 Payroll Premier
- 288 Point of Sale (Desktop)
- 1.8K Personal Plus and Home & Business
- 49 About Reckon Community