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Pay items: Superannuation - removal of threshold

Experienced User

13Posts

6Kudos

0Solutions

13 Posts
Experienced User
Australia

I have a client using MYOB Essentials who has requested that we calculate and pay their employees super from the first dollar they earn in a calendar month - no employee ever has a month below the $450 threshold for paying it, and they (the employees) find it confusing when they receive their payslip.

 

I know this has come up before (see links below) but has there been any change or update?

 

https://community.myob.com/t5/MYOB-Essentials-Accounting/Superannuation-Limits-and-Supplier-ABA-s/td...

https://community.myob.com/t5/MYOB-Essentials-Accounting/Superannuation-Threshold/m-p/481578#M25897

 

"Feature request: Superannuation threshold modifications"

Current Status: Done
Last Changed: June 2021

Hi Everyone


Thresholds for superannuation pay items are user-set and can be set on a per pay item basis. This does mean that you could set the threshold of a superannuation pay item to be 0.00 if desired.

 

Note: This payroll change is available for the new MYOB Essentials platform. Existing (original) MYOB Essentials platform users will be migrated across to the new platform in due course based on the complexity of their MYOB Essentials product level. At the time of posting, migrations are already underway.

1 Comment
Steven_M
45,180 Posts
Former Staff

Hi Everyone


Thresholds for superannuation pay items are user-set and can be set on a per pay item basis. This does mean that you could set the threshold of a superannuation pay item to be 0.00 if desired.

 

Note: This payroll change is available for the new MYOB Essentials platform. Existing (original) MYOB Essentials platform users will be migrated across to the new platform in due course based on the complexity of their MYOB Essentials product level. At the time of posting, migrations are already underway.