Difference between revisions of "Superannuation"
From TrueERP wiki
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== Overview == | == 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]] |
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