Forum Discussion

trsushiroll's avatar
3 years ago

Super recorded with incorrect rate= how to fix?

Hi,

 

I just learned that for some reason, super was not recorded with a new 10.5% from July 2022.

I changed the rate to 10.5% and ran one employee's payroll with 0 hr but it did not change anything.

How do I fix this issue so everyone's super already recorded is adjusted to 10.5%?

  • Cloud_Mind's avatar
    Cloud_Mind
    Ultimate Partner

    Hi trsushiroll 

    Depending on what version of MYOB you are using it should calculate correctly on the next payrun.    If you try and enter a new normal payrun is the super adjusted automatically?

     

    Otherwise failing above you could manually calculate the difference in Super and enter as an adjustment in a one off pay.  Enter the super and zero out any other hours, accurals or amounts. See example below