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Webb17's avatar
Webb17
Experienced Cover User
5 years ago
Solved

Correcting super overpayments

We are using AccountRight 2020.2.2. We have recently finalised the 2019/20 year for payroll and have now found that we have overpaid our super contributions. We had set up a new payroll code and not ...
  • Steven_M's avatar
    5 years ago

    Hi Webb17 

     

    Our Help Article: Checking and adjusting superannuation would be able to assist with that process. In short, you want to process an adjustment pay for the employee(s) that have been impacted that will reduce their superannuation amount. Similar to:

     

     

    Ideally, this adjustment pay should be processed on a monthly basis for each employee, however, you could do one adjustment pay for the full quarter if required.