In allowances - difference between statutory super and super guarantee

Tina
Tina Member Posts: 5 Novice Member Novice Member
in Reckon Payroll

Hi

I'm setting up an allowance that attracts super. I've not been able to differentiate between the super options of 'include statutory super' or 'include super guarantee'. How can I determine which one to use?

Thanks

Answers

  • Rav
    Rav Administrator, Reckon Staff Posts: 16,612 Reckon Community Manager Community Manager

    Hi Tina

    It sounds like you've got 2 superannuation items; one called statutory super and the other which looks to be the default super guarantee item that comes with Reckon Payroll.

    You'll need to select the super item that you've add to the super fund.

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  • Tina
    Tina Member Posts: 5 Novice Member Novice Member

    Thanks Rav

    So they are potentially the same thing? with Super Guarantee being the title that Reckon gives statutory super and statutory super possibly being set up in our company file? I'm new to the file so don't have much background on what has been set up for our needs specifically.

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