super salary sacrifice
I'm reconciling wages for payment summaries and it appears as though a regular super salary sacrifice deduction hasn't reduced gross earnings on the employee's payment summary. The payroll total report shows the reduction as 'Ded-Gross' and shows an Adjusted Gross total, but the payment summary is reporting Gross Wages. I think I have entered the salary sacrifice incorrectly, can someone please advise how this should be done to be reflected correctly on the payment summary and also taxed correctly?
Thanks
Comments
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Salary Sacrifice Item needs to be linked to Gross Payments in the setup
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Oh that's great, thanks Margaret.
So this will then reduce gross payments on the payment summary. I assume the PAYGW has been incorrectly calculated for the year as well. It looks like I need to check decrease PAYG tax...will this effect the salary and tax calculations in Reckon for the 15-16 financial year?
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