Previous page

Next page

Employer % - Details (i) tab

The following table explains the relevant Details (i) tab fields:

Field

Option

Type

Z. Employer Super

Employer Superannuation Allowance Type that Exolvo uses to generate all employer superannuation contributions. These may be either legislative or an ‘over-and-above’ calculation for the employee.

Selecting this option disables the Details (i) tab | Paying field. When you tab to the next field, Exolvo sets Paying to "No" because all Z-type allowances are non-paying.

Z-type allowances update the employee's Payroll | Payroll | Accum (i) | Employer super field.

A. Allowance

Used for superannuation allowances, such as defined benefits.

Rate

You must select an override rate (Rate calculation = "A. Override Rate"). When payroll rules are used to create the superannuation allowances, they use the rate defined in the Employee Super Funds | Allowances | Employer (%) field.

Calculation method

G. Percentage of gross

Recommended option. Exolvo will calculate superannuation based upon the employee’s total gross earnings for the relevant sequence. If allowance has Type = "Z. Employer Super", then the allowances contributing to the total gross earnings must have Use in Super Calculations = "Yes".

Other options

You can also use “I. Percentage of allowance group” or “F. Fixed”.

Important: Do not use "A. Super calc with monthly minimum". If you use this type of allowance, then RESC values will not be correct, and pays will not process correctly.

Paying

No - Employer contributions are non-paying allowances. Disabled and set to "No" when Type = "Z. Employer Super".

Taxable

No - Employer contributions are not taxable.

Allow-Details1.gif

Previous page

Next page

Topic: 14883