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Difference between revisions of "Superannuation"

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== Overview ==
 
== Overview ==
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ERP allows for the broad range of superannuation payment types from Superannuation Guaranteed Contributions to
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Salary Sacrifice and optional contributions.  The types available are as follows:
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*Super Guarantee
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*Employer Optional
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*Employer Negative
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*Salary Sacrifice
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*Employee Optional
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*Employee Negative
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*Spouse Contribution
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Super Guarantee, Salary Sacrifice and other Employer contributions post to Payroll Liabilities - Superannuation ready
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for future payment.
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Employee contributions post to Payroll Bank to facilitate immediate payment to the Super Fund by cheque or EFT (see
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[[Supplier Payments]]

Revision as of 12:52, 3 March 2011

Overview

ERP allows for the broad range of superannuation payment types from Superannuation Guaranteed Contributions to Salary Sacrifice and optional contributions. The types available are as follows:

  • Super Guarantee
  • Employer Optional
  • Employer Negative
  • Salary Sacrifice
  • Employee Optional
  • Employee Negative
  • Spouse Contribution

Super Guarantee, Salary Sacrifice and other Employer contributions post to Payroll Liabilities - Superannuation ready for future payment. Employee contributions post to Payroll Bank to facilitate immediate payment to the Super Fund by cheque or EFT (see Supplier Payments