Before You Begin: Ensure that you are familiar with the fields in the Payroll > Superannuation screen in People before you start this task. See Overview of Superannuation Settings in the People Feature.
To set up a superannuation for an employee in the People feature:
- Go to People, open the employee profile, and click Payroll > Superannuation.
- Click Add.
- Complete the fields as needed.
- Click Save.
Enter the Minimum Threshold Amount for Employer Superannuation
Generally, the Superannuation Guarantee for Australian employees is paid after the employee has earned more than $450 in one month. You also have the option to enter a value between 1 - 449 to indicate the minimum threshold to calculate superannuation based on that amount instead of the standard 450 amount. For example, you can enter a value of 350 in compliance with the Hospitality Industry General Award (HIGA) and Restaurant Industry Award (RIA) which pays employer superannuation once an employee earns $350 a month.
To enter the minimum threshold amount for employer superannuation other than the standard $450 amount:
- Go to People, open the employee profile, and click Payroll > Superannuation.
- Click Add.
- In the Minimum threshold amount for Employer Superannuation textbox of the Superannuation Rules section, enter the minimum value.
- Click Save.
SuperannautionUIimport
You can do a bulk update of the effective end date in the Superannuation screen.
The following fields are mandatory when updating the end date for superannuation contributions:
- Superannuation contribution type
- Choice fund
- Fund name.
When there are multiple records with the same settings, all funds are updated.
Any updates to voluntary contributions must be updated manually.