Superannuation not calculating on pays

Jodes2234
1 Post
Cover User
Australia
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Superannuation not calculating on pays

I have 1 casual staff member who only works 4 hours per week.   She takes hom $240 per fortnight and her card has the superannuation details entered with fund, member number  and the 9.5% standard option ticked.  There is no superannuation accumulating for her though.   Not on reports and not on the most recent payment of superannuation done through MYOB Pay Super.   Do staff have to earn a certain amount before super is payable or have I  missed something for this staff member and got the others right?

 

1 REPLY
Ultimate Partner ronatbas
3,608 Posts
Ultimate Partner
Australia
Accepted Solution Solved Solution

Re: Superannuation not calculating on pays

@Jodes2234

 

The law relating to Super says that you must pay on amounts paid in excess of $450.00 in any calendar month. With fornightly pay there are often situations where someone on $240/per fortnight would not hit that limit.

You need to keep this in mind when you reconcile super to the activity summary and not merely do a 9.5% of gross.

 

Ron B
BAS Group
03 95588477

info@basgroup.com.au
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