DotAllen1
14 days agoExperienced User
Year to date verification report - RESC
Hi,
I am doing a check of payroll totals (prior to 30th June) and checking the YEAR-TO-DATE VERIFICATION REPORT. I notice that salary sacrifice superannuation is appearing under TOTAL PAYMENTS - SALARY SACRIFICE (RESC), but not at the bottom of the report under REPORTABLE EMPLOYER SUPER CONTRIBUTIONS (RESC). Is this correct?
Hi DotAllen1,
Oh, good spotting! Yep, that’s perfectly correct. Salary sacrifice superannuation shows up under TOTAL PAYMENTS - SALARY SACRIFICE (RESC) because, technically, it’s a part of the employee’s payments.
Regards,
Earl