the salary sacrifice amount on the payment summaries doesn't match the employee report, Where do they pull the figures from.

  • 1
  • Question
  • Updated 8 months ago
  • Answered
the salary sacrifice amount on the payment summaries doesn't match the employee report. Does anyone know where they pull the figures from with the payment summaries
Photo of megan

megan

  • 110 Points 100 badge 2x thumb

Posted 10 months ago

  • 1
Photo of John G

John G, Information Support Analyst

  • 24,490 Points 20k badge 2x thumb
Hi Megan,

Welcome to the Reckon Community.

Salary Sacrifice Amounts will be reported to the RESC field on the Payment Summary together with other amounts that are reportable, like Employer Additional (EA) and Super Guarantee payments exceeding the statutory rates (greater than 9.5%) and super payments made to employees earning less than $450 per month.  

Which product are you using?
Reckon One/ Reckon Accounts Hosted?


regards,
John
Photo of Wendy Lu

Wendy Lu

  • 60 Points
Hi John:
one employee has full salarie sacrifice into his super account everytime he gets paid.
Amount on pays report for last financial year is $6660 but the reportable employer super contributions on group certificate is coming up as $6114. How should i explain the difference of $546?

Thanks 
Wendy 
Photo of megan

megan

  • 110 Points 100 badge 2x thumb
Hi Wendy, this is what I had to do to fix the problem, it worked!!


Run a Super Report by Employee, filter for the employee and the the whole year date range.

Modify the report and in the columns select RESC Amount.

There is a possibility that an amount of salary sacrifice is not set as a RESC amount.

This will identify which pay(s) are causing the issue.

You will need to open the pay.

Take a screen shot of the existing pay.

Unlock the pay, delete the super salary sacrifice item from the pay and then re enter.

Confirm the balances in the pay are the same as the screen shot

Save and close the pay.

Hopefully the Super report will now be updated to show the amount as RESC amount
Photo of SAS

SAS

  • 152 Points 100 badge 2x thumb
Thank you this sorted out my issue.