Salary sacrifice

Emma Sim
Emma Sim Member Posts: 10 Reckoner Reckoner
in Accounts Hosted

Hey i want to create a pay for 2 people. They are receiving a salary sacrifice amount and the matching super guarantee amount but receiving no salary or wages. Reckon Hosted says "atleast one pay cheque has a negative net pay amount" and wont let me continue. How can i process this pay as i only want to contribute to super fund without paying wages?

Cheers

eMMA

Best Answer

  • Kris_Williams
    Kris_Williams Member Posts: 3,812 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert
    Answer βœ“

    won’t you have to pay the amount of the salary sacrifice as wages, so the salary sacrifice has something to mark off against and for the SGC to have something to calculate on. I have salary sacrificed the entire wages in the past so the net amount is zero

Answers

  • Emma Sim
    Emma Sim Member Posts: 10 Reckoner Reckoner

    oh of course. I am a dummy. thankyou so much.

  • Kris_Williams
    Kris_Williams Member Posts: 3,812 Reckon Accounts Hosted Elite Expert Reckon Accounts Hosted Expert

    no problem, good luck with it all

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