Superannuation Guarantee calculation in reckon One payroll

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Kerrie Maltby
Kerrie Maltby Member Posts: 13 ✭
edited April 2020 in Reckon One
Problem with SGC in Reckon One payroll when there is salary sacrifice

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  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited April 2020
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    Hi Kerrie

    Is you SGC set up to calculate of Gross pay - I haven't done a reckon one payroll, but also check that the Salary sacrifice is set up correctly and it also is included in Gross salary, but before tax.
  • Kerrie Maltby
    Kerrie Maltby Member Posts: 13 ✭
    edited May 2019
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    I'm not sure I understand your message. Salary sacrifice cannot be included in gross because you don't want it included for the PAYG summary

  • Kwikbooks (Professional Partner)
    Kwikbooks (Professional Partner) Member Posts: 824 ✭✭✭
    edited April 2020
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    Hi Kerrie

    Salary Sacrifice can be set up so it deducts after SCG is calculated (scg on gross) or Salary Sacrifice can be deducted before SCG is calculated (scg on gross less SS).  It depends on what is required, this will go back to your accountant as to which way it works.

    How it works in Reckon goes back to the ss payroll deduction and what you have ticked.

    https://www.youtube.com/watch?v=9ILrDZGJRLc 

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