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July 2021
July 2021
I just processed pays not realising that I had to change the superannuation rate manually. I have changed it now, but what do I do for the pays I did earlier today? Do I reverse them and redo them?
Solved! Go to Solution.
July 2021
July 2021
HI @JennyPTA
Thanks for your post. 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.
So when you process the next pay run the software will make the required calculation adjustment to make sure super is calculated at 10% for the month of July. You don't need to do anything.
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.
Cheers,
Tracey
Previously @bungy15
MYOB Community Support
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July 2021
July 2021
Many thanks Tracey! Happy me!
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