In allowances - difference between statutory super and super guarantee
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
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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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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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