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Super Calculation – One new employee has a different amount to another with the same wages

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Super Calculation – One new employee has a different amount to another with the same wages

Super Calculation
Different amount to another with the same wages

Client called and was panicking that the super calculation for a new employee was different to another employee with the same wages.

I questioned her to be clear about the employee set up and we checked:

  • Same super category used? Yes
  • Same wage per hour and same GROSS in payslip? Yes
  • Any other pay categories used – overtime, allowances… NO
  • OK when did the first employee start? – Last month
  • And when did the new staff start? – Last week

OK – the first employee has two weeks of pay, the new employee has one week of pay

MYOB and Quickbooks balance super over a month, because super does not need to be paid until $450 is earned in month. The software will generate no super if the first pay of the month if the gross is under $450. Over $450 super will generate, usually for most fulltimers.

When an employee starts the second week or third week, super is sometimes more for THAT pay as it is catching up for the total for the month – it keeps balancing and comparing for the gross for the month.

Generate a report for the payroll for the MONTH, including the super, and divide the super of one employee by the gross. You should get 9% (often 8.999%). Check other employees to confirm.

If you still have problems, give us a call so we can help sort it out! Paul 0407 361 596.

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Author: accountkeepingplus

Administration, bookkeeping and compliance for small business, and Self-Managed Super Funds (SMSF) Training, trouble-shooting, or we can do the books and payroll for you! Self Managed Superannuation Fund Service Provider, Free support MYOB Certified Consultant, Reckon/QuickBooks Professional Partner.

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