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IRES1011's avatar
IRES1011
Member
2 hours ago

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?

1 Reply

  • 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 outlined

    Thanks Chris