Found the solution down the page. Thank you. keep safe everyone
Hi Marist5002
Thanks for your post. I'm glad to hear that you've sorted this issue.
I'll just put the answer here for the benefit of other users:
Super is calculated on a monthly basis like this:
The amount of pay for the month MULTIPLIED by the current super rate MINUS super already calculated for that month.
This means that if you have processed a pay with the payment date in July and super rate at 9.5% then change the rate to 10%, the software adjusts the super calculation for the next pay so that 10% is accrued for the whole month.
You don't need to make any super adjustments going forward as the software has done it for you. You can check by running the Payroll Activity detail report for the month of July and making sure that super is 10% of OTEs.
Please let me know if you need further help.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
Thank you
