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 manually each time super changes.

 

  • 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.

  • 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

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