Forum Discussion

Keith_W's avatar
Keith_W
Experienced Cover User
5 years ago

How to correct a Salary Sacrifice amount

Due to an oversight, Salary Sacrifice for one employee was set to be a POSITIVE amount rather than a NEGATIVE for several pays. This resulted in increased pay for the employee & a negative balance in...
  • Emily_B's avatar
    Emily_B
    5 years ago

    Hello Keith_W 

     

    Apologies for overlooking that; additional attention would need to be paid to the PAYG amounts in reconciling this for Salary Sacrifice. I would suggest refering to this former post on the forum from another user with the same scenario, who received a detailed suggestion as to how to handle that scenario. 

Keith_W's avatar
Keith_W
Experienced Cover User

Hi Emily - thanks for your advice.

The instructions, however, are for the Super Guarantee, & my problem is with Salary Sacrificed amounts which impact PAYGW. 

 

Can you confirm that the instructions are the same for both?

 

Thanks

Emily_B's avatar
Emily_B
Former Staff
5 years ago

Hello Keith_W 

 

Apologies for overlooking that; additional attention would need to be paid to the PAYG amounts in reconciling this for Salary Sacrifice. I would suggest refering to this former post on the forum from another user with the same scenario, who received a detailed suggestion as to how to handle that scenario. 

  • Keith_W's avatar
    Keith_W
    Experienced Cover User
    5 years ago

    Thanks Emily - I have reviewed the links supplied & they have reassured me that by adjusting future pays I will be able to reverse the negative Sal Sac balance.

     

    Thanks again for your response

     

    Keith

    • Emily_B's avatar
      Emily_B
      Former Staff
      5 years ago

      Hi Keith_W 

       

      That's great, glad to hear it. If this post has helped answer your query, please do click 'Accept as Solution' so that others can find this information more quickly in the future.

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