Overview

Most of the Allowances tab fields contain allowances used in Transaction View for superannuation contribution calculations. However, you can use the Values (%) – Employee (%) as a default value when you create an Employee Super Fund record. Payroll rules can reference these allowance codes to generate superannuation transactions.

These fields are not mandatory, but you must enter the relevant allowance codes if you want PayGlobal to generate that type of superannuation allowance. If you leave any of these fields blank, then:

• The corresponding allowance field will be disabled in Employee Super Funds records associated with this superannuation fund.
• PayGlobal cannot generate superannuation transactions for that allowance for employees attached to this superannuation fund.

  Important: You can select only allowances that have Details (iv) tab | Superannuation allowance = "Yes".

Fields

Employer (%):

A- or Z-type allowance that creates the employer's percentage value.

Employer ($):

A- or Z-type allowance that creates the employer’s fixed value.

Note: If Superannuation Fund - Details tab | Defined Benefit = "No", then you can select only Z-type superannuation allowances in Employer fields, but you can select A- and Z-type superannuation allowances in Salary Sacrifice fields. If Defined Benefit = "Yes", then you can select A- and Z-type allowances in all fields.

Salary Sacrifice (%):

A- or Z-type allowance that creates the non-RESC Salary Sacrifice percentage value.

Salary Sacrifice ($):

A- or Z-type allowance that creates the non-RESC Salary Sacrifice fixed value.

Note: Salary sacrifice is usually set up as a deduction so these fields are used only if you have set up salary sacrifice allowances for costing purposes.

Employer RESC (%):

A- or Z-type allowance that creates the employer's RESC percentage value.

Employer RESC ($):

A- or Z-type allowance that creates the employer’s RESC fixed value.

Salary Sacrifice RESC (%):

Not usually used in Australian databases.
A- or Z-type allowance that creates the RESC Salary Sacrifice percentage value.

Salary Sacrifice RESC ($):

Not usually used in Australian databases.
A- or Z-type allowance that creates the RESC Salary Sacrifice fixed value.

Important: If the allowance code that you enter in an Allowances tab field is used in another Allowances tab field in the same Superannuation Fund, then a warning appears, and you must change the duplicate values.

Values (%) - Employer (%):

Employer’s percentage contribution for this superannuation fund. When you create an Employee Super Funds record you can copy across this value, and then manually adjust it if required.

PayGlobal uses the following hierarchy to define the Employer (%) value:

• Employee Super Funds | Allowances tab.
• Superannuation Fund | Allowances tab.

See also

Reportable Employer Superannuation Contribution (RESC)

Superannuation Fund

Superannuation Fund - Details

Superannuation Fund - Postal

Superannuation Fund - Contact

Superannuation Fund - Bank Details

Superannuation Fund - Deductions

Employee Super Fund - Allowances