Forum Discussion

Keita's avatar
Keita
Experienced Cover User
4 years ago

Salary inclusive of super - can MYOB automatically calculate this?

Hi Our salary is inclusive of super.   Is there a way that MYOB can automatically calculate this on our behalf?  Or, do I need to enter and adjust the salary excluding super, and adjust this manual...
superannuation
superincluded
  • Steven_M's avatar
    Steven_M
    4 years ago

    Hi Keita 

     

    When setting up an employee's card, users do need to enter an employee's annual salary/hourly rate. This value would need to be a superannuation exclusive value, superannuation is calculated on top of the salary amount of the employee. There is no provision to make that a salary superannuation-inclusive amount.

Steven_M's avatar
Steven_M
Former Staff
4 years ago

Hi Keita 

 

When setting up an employee's card, users do need to enter an employee's annual salary/hourly rate. This value would need to be a superannuation exclusive value, superannuation is calculated on top of the salary amount of the employee. There is no provision to make that a salary superannuation-inclusive amount.

  • Keita's avatar
    Keita
    Experienced Cover User
    4 years ago

    Thank you Steven, I thought as much but it's good to get clarification.  

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