Superannuation
From TrueERP wiki
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