Employee receives greater than 10% super

Marcus_10371577
Marcus_10371577 Member Posts: 2 Novice Member Novice Member
edited January 2024 in Reckon Payroll

One of our employees receives a higher than 10% super contribution. When I run the End of Year report the super figure for the year is not what was actually put into super.

I can't edit the final report to correct this.

Do I need to resubmit every pay run with an amount for salary sacrifice to compensate for this ?

Comments

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,738 Reckon Community Manager Community Manager

    Hi Marcus,

    No you won't need to make any edits. RESC components such as salary sacrifice and additional super paid over the default 10% are indeed captured by the Payroll app and sent to the ATO as part of your STP submissions however unfortunately it just does not visibly appear in the EOFY submission and/or Pay Summary at this stage.

    RESC currently shows within the individual pay run and payslips. It also appears in the Payroll Summary Report (premium plan).

    This is an area that our app team are aware needs some sharpening up to avoid confusion.

  • swakhlu01 .
    swakhlu01 . Member Posts: 482 Reckon Star Reckon Star

    You can if possible check with the employee to make sure the YTD Income statement in their ATO MyGov account is showing the correct RESC as per the payruns for the year. In which case you can then go ahead and submit the EOFY Report to finalise the income statement for all employees.

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