Help with Salary Sacrifice super and STP

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Help with Salary Sacrifice super and STP

Looking to finalise my 2019-20 wages in accountright, but having an issue with the reportable super showing up an zero?

Have a number of employees which salary sacrifice superannuation which is reportable, but nothing showing on the verification report.  The amount of salary sacrifice superannuation has correctly reduced their gross payments column though........ Help!

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MYOB Staff Post
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Re: Help with Salary Sacrifice super and STP

Good morning

Checking how you have setup the salary sacrifice, through superannuation TAB?

Are you able to provide a screen shot?

Thanks Chris

Cheers,
Chris M

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Re: Help with Salary Sacrifice super and STP

Hi Chris,

no I have it set up as a deduction, which is the way it has always been, do I need to change?

 

 

sal sac.jpg
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Re: Help with Salary Sacrifice super and STP

HI

Yes go the superannuation TAB and select salary sacrifice and flag as RESC

the do a zero payrun to debit the deducation and credit the new super salary sacrifice, then lodge

Thanks Chris

Cheers,
Chris M

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Re: Help with Salary Sacrifice super and STP

Thanks for your help Chris!

 

Just checking, I think I've done this the right way round now?

Thanks leah

resc.jpg
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Re: Help with Salary Sacrifice super and STP

I'm interest to see the outcome, I have the same issue. However, it has deducted the Salary sacrificed super off the Gross wages. - which is incorrect. 

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Re: Help with Salary Sacrifice super and STP

Hi @leah 

 

Based on the screenshot you have uploaded, the employee(s) has got an amount reported in the Reportable Employer Super Contributions (RESC) with no value as a deduction. 


If you are unsure if that is what you are needing to report those values as I would recommend speaking to an Accountant and/or the ATO.

Kind regards,
Steven

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