Hi Paula3
On the first pay of next month, it will calculate at the correct rate. Issues only arise when you change the rate mid month.
Regards
Gavin
Hi Paula3
An issue with super guarantee that causes apparent 'calculation' errors is that MYOB calculates super guarantee on a month to date basis. It might also do the same thing with Additional Super.
For the month concerned, check all payroll transactions for this employee. If one pay went through with 2.5%, then you change the rate to 1.5%, on the next pay in that same month MYOB may adjust the additional super to be 1.5% for the month.
Regards
Gavin
Thank you very much for your reply.
You are right, it has been calculated on a month to date basis.
So, going forward, will it be done monthly?
I process payroll every fortnight an I would like to reflect on the payslip the employer contributions fortnigtly.
Thanks for your help.
Paula.
Hi Paula3
On the first pay of next month, it will calculate at the correct rate. Issues only arise when you change the rate mid month.
Regards
Gavin
