Forum Discussion
MMMplus1
2 years agoExperienced User
MYOB has three choices for Super - SG and "Salary sacrifice and RESC” and “RESC
The difference between payroll category “Salary sacrifice and RESC” and “RESC” is that “Salary sacrifice and RESC” is a reportable employer super contribution (RESC) which is not included in your employee’s assessable income. It does not affect the way you calculate super contributions for your employees. On the other hand, “RESC” is a deduction type for salary sacrifice super contributions that is paid directly to the employee’s super fund1.
I have done to "Salary sacrifice and RESC" and can't see in STP Finalisation....