superannuation threshold

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Stephanie_4161659
Stephanie_4161659 Member Posts: 5 ✭
edited August 2019 in Reckon Accounts (Desktop)
When using the super minimum threshold of $450 - if an employee has a first fortnightly pay of $150 then the second is $650 obviously the first pay won't calculate super but at the second pay does it go back and include the first $150 in it's calulation or does it only calculate the 9.5% on the amounts over $450??

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  • Kelly Schilke
    Kelly Schilke Member Posts: 9 ✭
    edited February 2015
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    Hi Stephanie

    Don't' worry, the Superannuation will be a progressive calculation. the super calculated will be in the second period, it will be for the combined total.  it wont change the first one

    Hope this helps


    Kelly

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