10.5% superannuation not calculating correctly for junior employees who are entitled to be paid
Hi. I have JUNIOR employees who have worked over 30 hours in a single week. The 10.5% superannuation is calculating incorrectly for these juniors and this is occuring over multiple company files. All company files have 'minimum required rate 10.5%' selected and senior employees superannuation is calculating correctly. I have attached a file showing the superannuation calculated on Junior employee's payroll, you can see it is calculating the super at a higher rate. Can you please explain how this can be fixed, without having to manually calculate the super every time? Thanks887Views0likes8CommentsSuperannuation for staff under 18 years from July 2022
We have staff under 18 years that will still be subject to the superannuation $450 / month threshold after 1.7.22. Is there a way to have a 2nd Super Guarantee category set up just for them, that can still have the $450 threshold applied from July onwards? I need all of the contributions to show on monthly (accrual by fund summary) reports too. What is the best way to set it up so the super amounts are calculated correctly for all junior & senior staff and that does not have to manually worked out? Thanks380Views0likes1Comment