2021/2022 year Super under-calculation for bonus pays - how to fix?
Hello, just discovered an error, where the director was paid bonuses throughout the previous financial year - say 15 times but the bonuses didn't attract any Super - and they should have...
I need to have paid 10% super on those bonus amounts.
Is there an easy way to fix this?
Would I go through each payment week - and reverse the "payment" just for the director, and put through the correct payment (same amount) but plus super (amending my bonus category to attract super) - and re-send this amount? only relating to the individual payee - not touching the other employees that the wages were paid for - - -
I would then calculate SG levy on the overdue payments and send to ATO separately...
But first just trying to get my head around the STP way things are done - and being in the last financial year - would it affect anything? And does this sound like the way forward, or is there another way?
thanks for your imput!