salary sacrefice for super

Hi 

The error that you have received seems to indicate to me that you have set a limit in the payroll catergory and it has been reached

Revisit the payroll catergory you set up and look at the limit section

I have attached a file so you can see where it is in the deduction catergory

But to address your questions

1 Set up deduction foe super salary sacrifice

enter the amount to deduct in the first section  and you can either put no limit in the second  or you can calculate the ATO cut off and enter that 

You need to include this in the employees card also  (this can be done through the employee tab on the deduction itself (top left hand corner send along

2 you can link the salary sacrifice to the super liability account - this accumulates just as SGC does - you don't actually pay it each pay run just when you pay your super either monthly or quarterly with your SGC - but it is reported seperately as sal sacrifice ( you might like to set up a seperate sal sac liability account just for the sal sac)

3 Do you pay through MYOB or do you use a clearing house?

I only use a clearing house so just report the sal sac seperately in the appropriate column when i send my report. That is why i suggest a seperate liability account but MYOB reporting should be able to identify the different types of super paymentsto be made. I can't help with MYOB super payments and how they work though sorry

Hope this helps some

Lisa

Do you go into pay superannuation liabilities when you pay your super?

If so it should appear there

once you have processed a payrun with the super sal sac I would take a look at it and see how it shows , but I think that choosing super would include all superannuation payments be they SGC or sal sac

Lisa

Hi NS-01 

To add to the advice provided by LRBooks61 salary sacrifice superannuation needs to be set up as a Superannuation payroll category, not a Deduction payroll category. This is to ensure the salary sacrifice is reported correctly through STP and gross wages reduced if applicable.

This help article, Set up salary sacrifice superannuation, has step-by-step instructions on setting up and paying salary sacrifice.

Please let us know if you need further help.

may I please ask: how do you do this? 

"2 you can link the salary sacrifice to the super liability account" - I pay via MYOB, so it doesn't matter. 

this is how it was set up in the system - see attached. 

That is perfect

the 2-2006 is the liability account so all good

lisa

one follow up question if I may: now all those payments are accumilated in this liability account, how do you acctualy take them from there and pay them as super expenses? Manuel journal? or the system knows that it relate to super and pays them as super when you use the super payment option?