Set Up Post-Tax Superannuation Contributions

In Dayforce, payroll administrators can set up employees to contribute to post-tax superannuation.

Setting up employees to contribute to post-tax superannuation involves configuring post-tax superannuation contributions in the Payroll > Superannuation screen in People. The post-tax super contributions that you configure using the employee’s Superannuation screen automatically flow through to their equivalent selections in the employee’s Payroll > Payroll Elections screen in People.

When the Employee Voluntary Superannuation system deduction code is set up as a payroll election, the following calculations occur if an employee has an effective payroll election record of a post-tax super contribution with the Employee Voluntary Superannuation - Post Tax system code:

• If the Amount option selected in the Calculation type drop-down list, and the Apply Deduction Rule in the Payroll policy has not excluded the system code, when you calculate the pay run for the employee, the preview shows a line item of this deduction in Payroll > Pay Run Management with the exact amount.
• If the Percentage option selected in the Calculation type drop-down list, and the Apply Deduction Rule in the Payroll policy has not excluded the system code, when you calculate the pay run for the employee, the preview shows a line item of this deduction in Payroll > Pay Run Management with the amount equal to the percentage x gross earnings.

After the post-tax superannuation contributions are set up, you can view these post-tax superannuation contributions in pay slips in the Employee Preview slide-out panel.

To set up post-tax superannuation contributions:

1. Go to People, open the employee profile, and click Payroll > Superannuation.
2. In the Superannuation contribution funds section, select the P - Post tax voluntary super contribution option in the Superannuation Contribution Type drop-down list.
3. In the Choice Fund drop-down list, select the fund name.
4. In the Contribution Value field, enter the superannuation contribution amount.
5. In the Contribution Calculation Type drop-down list, select one of the following
• P–Percentage
• A–Amount
6. To see that the post-tax super contributions that you set up in the Superannuation screen automatically flows through to their equivalent selections in the employee’s Payroll > Payroll Elections screen in People, in the Employee Voluntary Superannuation code, check that the Contribution Calculation Value shows the amount that you entered in the Superannuation screen.
7. To view system deduction codes that represent the employee’s post tax voluntary super contributions, go to Payroll Setup > Earnings and Deductions and click the Deductions tab for the following:
• Employee Voluntary Superannuation - Post Tax