Building Industry Superannuation with EBA
Our EBA for construction employees has a condition that superannuation should be higher of a two amounts, being a set amount or 10% of OTE. We are manually overriding the figure each week and need to monitor carefully. Does MYOB have the facility to use a if-or type scenario. eg. if 10% of OTE is less than $235, use $235 or if 10% OTE is higher than $235, use 10% of OTE figure.
Has anyone had any success doing this without having to manually override every employee, every week?
Hi CarlyC
AccountRight's superannuation calculation basis is based on one set calculation basis i.e. Equals x Percentage of Gross wages OR Equals amount per pay period. You would not be able to set up a condition for the calculation basis to have it based on the criteria within the software. It would be a manual process of updating the amount on a per-pay basis from what I can see.
