Super Settings Groups

The consolidation of legacy awards into the Modern Awards structure means that some awards can provide a lower Minimum monthly earnings ($) amount than the legislated requirement. For example, the current Hospitality award has Minimum monthly earnings ($) = $350, whereas the current ATO value is $450. To accommodate such differences, the Super Settings Groups entity contains date-effective Super Settings records (formerly Superannuation Settings records).

Award-based Superannuation

If your database contains an award that specifies different superannuation values to the ATO, then you can:

1. Create a new Super Settings Group for that award.
2. Add date-effective Super Settings records for the award values.

3. Select the Super Settings Group on the award. See Awards.

When you process a pay, Exolvo applies the award-specific superannuation settings to all employees on that award.

Standard Superannuation

If the awards in your database use the same superannuation values as the ATO you need to create a default Super Settings Group record and add a current Super Settings record.

Note: Your database must contain at least one Super Settings Groups record.

To create a Super Settings Groups record:

1. In the Exolvo Tree, navigate to Payroll | Superannuation | Super Settings Groups.
2. Press Insert.
3. Enter a suitable Code and Description, and then save the record.

   Now you can add a Super Settings record.

Topic: 32413