RESC Incorrectly Showing Up on EOFY Submission

Chantal
Chantal Member Posts: 2 Novice Member Novice Member
in Reckon Payroll

Hi Rav,

Recently as i went to lodge the EOFY submission report i noticed for one employee that there was an amount showing up under RESC. This employee has only ever had super guarantee paid and no RESC payments. For the 26 pay runs that occured for this employee during the year for some reason only two pay runs are reporting RESC, whereas the remaining 24 pay runs have reported the super guarantee only and no RESC. Please see below the methods i have already tried to rectify but none have worked and it is still showing up on the EOFY submission report.

  1. Lodged an update event on the two lodgements which were causing the RESC and reducing them to nil and inputting two new lodgements - The RESC amounts are still showing up.
  2. Tried adjusting the opening balances under the employees YTD totals - The RESC amounts are still showing up.

Is this a glitch in the system or do you have another method i could perhaps try to rectify this RESC balance back to zero? As i need to get the EOFY submission lodged but don't want to report data that isn't correct.

Thanks for your help in advance.

Warm Regards,

Chantal

Comments

  • Lucas
    Lucas Reckon Staff Posts: 563 Reckon Staff Reckon Staff

    Hi @Chantal,

    Please double check the pay runs and ensure that no salary sacrifice has been used at all. Additionally, if employees have made additional contributions above the SG amount under the contractual agreement it will fall into RESC.

    So you would only have RESC if you:

    • Make additional employer contributions beyond the compulsory amount.
    • Have made a salary sacrifice into super from the employees income

    Please let me know how you go and we will review this further.

    Thank you.

    Lucas.png
  • Chantal
    Chantal Member Posts: 2 Novice Member Novice Member

    Hi Lucas,

    Thanks for your prompt response.

    No there have been no additional super contributions at all for this employee. Only ever super guarantee. The two pay runs that are affected both have $182.85 of super guarantee calculated on the gross wage (which is the correct amount), plus showing $182.85 of RESC.

    In my desperate attempt to resolve this, i lodged an update event to reduce both affected pay runs back to nil to hopefully remove the issue. Then went and created 'new' pay runs so that my gross/tax/SG were correct again and lodged these. However, the RESC is still showing up on the EOFY submission report.

    Thanks

  • Tanvi_kataria
    Tanvi_kataria Reckon Staff Posts: 565 Reckon Staff Reckon Staff

    Hi @Chantal

    In addition to what @Lucas mentioned, please confirm if the Super guaranteed amount is not more than 11.5%.

    If the amount is above 11.5%, the amount on top will be reported as RESC. Please confirm and if required we will be happy to check your book. Thank you!

    Regards

    Tanvi

    Tanvi.png

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