12 days ago
Salary Sacrifice
Hello
I am trying to set up superannuation salary sacrifice for an employee. What Linked payable account do I select or do I create one? I know it is a Liability.
Hello
I am trying to set up superannuation salary sacrifice for an employee. What Linked payable account do I select or do I create one? I know it is a Liability.
Hey tanyallorimer,
When you're choosing the Linked Payable Account, some employers use existing payroll liability accounts, while others prefer to create a new one. You can check this link for more info. If you’re still not 100% sure, it’s always a great idea to have a quick chat with your accountant to make sure everything’s spot on.
Cheers,
Doreen
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