Forum Discussion

MFreer_FC's avatar
MFreer_FC
Experienced User
2 years ago

Superannuation Guarantee above minimum SG

Hi All,   We pay SG at 1% above the min and have a created a card (see below). My question is, when the increase happens on 1/7/23, can I just change the percentage in this card or will I need to c...
  • Earl_HD's avatar
    Earl_HD
    2 years ago

    Hi MFreer_FC 

    Thank you so much for your post. No need to create one, if you will have the superannuation guarantee at 10.5% you'll need to change the percentage and edit the payroll category name.

    Feel free to send me a private message if you have questions. 
    Regards,
    Earl

Earl_HD's avatar
Earl_HD
MYOB Moderator

Hi MFreer_FC 

Thank you so much for your post. No need to create one, if you will have the superannuation guarantee at 10.5% you'll need to change the percentage and edit the payroll category name.

Feel free to send me a private message if you have questions. 
Regards,
Earl

MFreer_FC's avatar
MFreer_FC
Experienced User
2 years ago

Hi Earl_HD 

 

Thank you for your reply.

 

And this change will not impact past payslip?

 

Also, does that also mean that if we change an afternoon penalty loading I can do the same, just change the category and multiplier without creating a new payroll category?

 

Thanks

MFreer_FC

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi MFreer_FC 

    Yes that change will only take effect on the next pay run.

    Regards,
    Earl

    • MFreer_FC's avatar
      MFreer_FC
      Experienced User
      2 years ago

      So does that mean I coud do that with all other payroll categries as well if they are no longer needed?

      • Earl_HD's avatar
        Earl_HD
        MYOB Moderator
        2 years ago

        Hi MFreer_FC 

        Yes, that is correct.
         

        Regards,
        Earl

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