Government regulation states that employers have to issue quarterly Superannuation statements to employees. The superannuation report in your Supplier reports will undertake this requirement.
In order to setup the Superannuation information, ensure all super on-costs and super deductions in your deductions screen start with SU as their code and are limited to 3 characters. Your deductions screen is accessed from your Suppliers screen, by pressing EDIT in the bottom right hand corner of the screen.
EG. If you have many different Super schemes, you may want to call them SUP (Databuild Default), SU1, SU2 etc. Since your super on-costs and deductions will most likely already exist, you will need to create new deductions to use the above coding. You can delete the old super on-costs once you have done this. You will be unable to change existing super codes. Ensure you do this at the beginning of the financial year so you report correctly.
Your On-cost and Deductions screen should look similar to the example below:
To create new super deduction:
1. Click on the white page.
2. Type in the appropriate code eg. SU1
3. Type in a suitable name (this will appear as comments on all super invoices)
4. Tick the on-cost as Super is not a deduction on top of the employee's wages. If however it is a salary sacrifice the on-cost should not be ticked.
5. Type in the correct percentage.
6. Link the Super to the correct GL.
7. Link the Super to the correct Supplier.
8. Link the Super to the correct Job No eg. GENLED
9. Link the Super to the correct Cost Centre.
Go through each employee and save the correct Super to their Supplier Details. You do this by highlighting (holding the CRTL key) the appropriate Super and PAYG and any other deductions then click on the save icon (disk) which will automatically exit the screen and save the desired on-costs and deductions.
In the Employees details (Supplier Screen) in the bottom right hand corner you will see which on-costs/deductions have saved to that Employee.
Eg PAY; SU1;