Super

Employees can have any number of Super entries.  Most employees will have at least an SGC entry that represents the amount of superannuation you are required to pay by law, and may also have an additional Super entry representing additional contributions they are making.

Employees can opt to contribute further amounts to super, either by way of Salary Sacrifice or by Voluntary Contribution, which means the amount comes off their after-tax income.

Add a Super Entry

•Click Add.

•Employer SGC will appear as the type.  If a different Type is required click into this column and select either Salary Sacrifice or Voluntary Contribution as required.

•Select the Fund required.  To enter additional Super Funds to the ‘master list’ from here, click the Setup button.

•Enter the Employees member number and date of joining (this is optional for Dealerlogic, but may be required by the Super fund).

Note: SGC Super will display the appropriate percentage amount based on the current year’s requirement.  This is changed in the wages Setup screen.

•Additional super entries can be paid on a set dollar amount, or on a percentage basis.  Enter the correct numeric value and the method of calculation via the Breakdown column.  Super paid on a percentage basis will be based on the same pay amount as the SGC calculation.

•Use the Edit or Delete buttons to change the details, or remove Super funds from the Employee at any time.

Important Note:  If an employee asks to make additional contributions, ensure you are clear on whether they want the contributions made before or after tax.  Ideally, get it in writing and store on the employee's file.  Certain government incentives such as the Super Co-Contribution scheme, are only available to Voluntary Contributions.  Additionally, the way the contributions are made will affect the treatment and tax paid in the hands of the super fund.