Superannuation Allowances and Deductions

You need to create allowance and deduction records for each type of superannuation contribution. If the database does not contain the required superannuation allowances and deductions, then you can easily add them.

Important: Use superannuation allowances and deductions only for superannuation transactions. Although PayGlobal will not prevent you from using a superannuation allowance or deduction for other purposes, it will assume that the resultant transaction is for superannuation and treat it accordingly.

Superannuation Allowance and Deduction catered for in PayGlobal are:

Allowances

• Employer percentage based
• Employer fixed dollar amount
• Salary Sacrifice percentage based
• Salary Sacrifice fixed dollar amount

Deductions

• Employer percentage based
• Employer fixed dollar amount
• Salary Sacrifice percentage based
• Salary Sacrifice fixed dollar amount

Topic: 11298