IRES1011
1 month agoMember
Superannuation max contribution
Just check the summary of payments for the period from Jul25 till May26. Notice that one of the staff has OTE of $266,827 but the superannuation guarantee amount was not capped at $30,000 (as the amount for financial year 25/26) in the system (MYOB AccountRight). In fact the amount was $32,019 as per the system. Is there any way to rectify the problem? What there something missing in the setting that the system did not cap the super?
Hi,
Superannuation Guarantee payroll category/item has an option to add a limit per period, month, quarter and yearly.
Therefore, for yearly, set limit to $30,000 cap as you have outlinedThanks Chris