Forum Discussion

koyston's avatar
2 years ago

Super calculations

Hi,

 

MYOB has super set correctly to 11% for FY2324.  MYOB calculates super correctly for wages but not for overtime hours.  I remove super as exempt for overtime hours and select OK.  I do a dummy payrun and same problem.  When I recheck, MYOB has reticked overtime hours as exempt from super? 

1 Reply

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    2 years ago

    Hi koyston,

     

    Thank you for your post. I'd like to extend you a warm welcome to the Community forum. I hope you find it a valuable resource.

     

    In this matter, you will need to exempt the superannuation fund from being calculated against the wage category. Ensure that you have ticked and selected the "OK" button.

    This can be done by going to Payroll >> Payroll Categories >> Superannuation >> Super Guarantee >> Select Exempt >> tick Overtime >> select Ok to save the changes. Kindly refer to their Help article, Checking and Adjusting Superannuation, for further information about this.

     

    Please let me know if you require further assistance with this. I'm here to help.

     

    If my response has answered your question, please click on "Accept as Solution" to help other users find this information.


    Cheers,

    Princess