Fields of Note
Complete the “Details” section
Enter a short code for the fund
Enter the policy number for the company
Complete the Name and address of fund provider
The amount that the employee must earn in a month to have super contributed.
Minimum and maximum age of employee for super contributions
Once earnings reach this level no additional funds are deducted.
Select the method of moving the payments to the fund
- RPT – Report and cheque posted
- EPS – Electronic payment
- EDI – Electronic data interchange
Select the “EPS” payee code for the fund. These codes must be created in EPS Payees (System Codes / Payroll / Parameters). Account details will be entered automatically if a distribution code is chosen from the list
Enter the General Ledger account code for all required company “Superannuation” payments.
Enter the General Ledger account code for all additional employee “Superannuation” contributions.
Enter the “Superannuation” contribution rate and date of change then click Apply. This will add the entry to the previous rates section.
SGL – Superannuation Guaranteed Levee
Date – The date the levee was set
3. Personal Rates