Superannuation limit setting - Reckon One
I am trying to limit the super payments made in pay runs so they don't exceed the Super Guarantee thresholds. I have tried to do this by configuring Reckon One per below:
Under the Superannuation settings in Employees, I have set the Superannuation rate to be "SR" (Statutory Rate of 9.5%) and the "Limit" field to a defined value for the pay period. However when I create a pay run, this limit is ignored and I end up with the calculated Super amount being higher than the limit I have specified. Am I configuring things correctly or is there another way of setting the Super limits per pay run ?
Under the Superannuation settings in Employees, I have set the Superannuation rate to be "SR" (Statutory Rate of 9.5%) and the "Limit" field to a defined value for the pay period. However when I create a pay run, this limit is ignored and I end up with the calculated Super amount being higher than the limit I have specified. Am I configuring things correctly or is there another way of setting the Super limits per pay run ?
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