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DotAllen1's avatar
DotAllen1
Experienced User
14 days ago
Solved

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

1 Reply

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    13 days ago

    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