Salary Sacrifice Superannuation

I have set up an employee to Salary Sacrifice Superannuation $50 per week.
I note that the PAYG amount has decreased by $6, which is the reason for wanting to Salary Sacrifice Super, but I also noticed that their SG amount has also decreased by $5 even though the hours haven't changed. Is it correct that their SG amount would have or should have decreased, or have I set this up incorrectly?
Comments
-
Definitely set up incorrectly. By law, SG cannot be reduced as a result of Sal Sac.
Check the settings for your employee and make sure that there is nothing in there allowing SG to be reduced.
0 -
There is a box somewhere that says to calculate SG on the wages before or after SS is applied, just can’t remember where that is. Will have a look as soon as I can
0 -
Thanks for the replies. It this is box you are referring to in the Employee settings: "Salary Sacrifice Items: Reduce Employer Contributions"
0 -
Spot on, untick that and test it
0 -
Thanks Kris, yes I did that and it worked!!!!! Thank you so much.
0
Categories
- All Categories
- 6.7K Accounts Hosted
- 5.9K Reckon Accounts (Desktop)
- 3.2K Reckon One
- 135 Reckon Payroll Upgrade for Reckon One 🚀
- 10 Reckon Invoices App
- 938 Reckon Payroll App & Web
- 21 Payroll App - Help Videos
- 18 Reckon Mate App
- 14 Reckon Insights
- 107 Reckon API
- 948 Payroll Premier
- 116 Payroll Premier upgrade to Reckon Payroll ⤴️
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 68 About Reckon Community