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Superannuation on Bonus

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3 Posts
Cover User
Australia
Solved: Go to Solution

Superannuation on Bonus

A company i do payroll for pay weekly bonuses to employees that are solely based on performance.  In my mind that means super is to be paid on these amounts.

 

when i process the pays in MYOB V19, the payroll system does not include the bonus amount in gross wages.  For example:

 

Wages   500

Bonus      50

Commission  100

Total Gross Wages 650

 

Super 9% $54

 

how do i change it to include bonus automatically every week?  or do i have to manually change the wages?

 

thanks!

1 REPLY
2,682 Posts
Ultimate Partner
Australia
Accepted Solution

Re: Superannuation on Bonus

Hi Deb

 

MYOB comes default with Bonus payments exempt from Super. If you wish to change that you have to go Payroll Categories>superannuation >Superannuation or other type of Super if applicable then click on the arrow to the left to open the window. At the bottom of the screen there is an Exempt button click on this and untick Bonus.

Ron B
BAS Group
03 95588477

info@basgroup.com.au
Making MYOB work for you
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