Summary

PayGlobal can direct credit any non-paying allowance, such as superannuation.

You can set the Direct Credit field to 'Yes', and then add account and bank details to non-paying allowances, including those in Awards, Periods, or Internal Companies.

The Paying field on the Details (i) tab must be set to 'No' to access the Direct Credit field.

Fields

NI exempt:

UK only. All allowances are included in the gross pay for National Insurance unless NI exempt = No. There may be occasions when an allowance should be both non-taxable and NI exempt, for example when you repay an employee’s expense claims.

Note: National Insurance is calculated on the sum of all paying allowances whether they are taxable or not. If an allowance is not taxable, then it more than likely should not be summed in the gross pay for NI purposes. In these circumstances NI Exempt should be set to ‘Yes’ and Taxable set to ‘No’. For information about whether an allowance is subject to NI, contact you local tax office.

Direct credit:

Enabled when Details (i) tab | Paying = "No".

PayGlobal can direct credit non-paying allowances, such as superannuation.

• Yes

  This allowance is included in the Direct Credit Schedule report and the other fields on this tab page are enabled.

• No

  This allowance is not included in the Direct Credit Schedule report.

If you change the value of this field in a superannuation allowance, then the following message appears:

Are you sure you want to change Direct credit?
This will have an impact on the Superannuation Direct Credit Report.

• Yes

  PayGlobal accepts the new Direct Credit value.

• No

  PayGlobal returns to the original Direct Credit value.

Consolidate DCs:

Enabled when Direct credit = "Yes" and Details (i) tab | Paying = "No".

• Yes

  Allowance is direct credited as a consolidated amount for all employees in the pay period.

• No

  Allowance is direct credited as a separate amount for each employee in the pay period.

Superannuation allowance:

This field is automatically populated based on the allowance type:

• Z-type: "Yes"

  All Z-type allowances are for superannuation.

• All other types: "No"

  Most other allowances are not for superannuation, except A-type.

This field is enabled only for A-type allowances because you can use them for superannuation.

Note: If you change the Superannuation allowance field from "Yes" to "No", then PayGlobal:
- Treats transactions for that A-type allowance as non-superannuation transactions.
- Does not look for Employee Super Fund records for those transactions even though some Employee Super Funds may use the allowance.

Bank account:

Account that the allowance will be paid into. If a different bank account applies for each employee, then leave this field blank. You can enter the bank account at permanent transaction level.

Bank fields are enabled when:

• Superannuation allowance = "Yes"

  - or -

• Details (i) | Paying = "No" and Details (iv) | Direct credit ="Yes"

Bank branch:

System-generated value based on the first numbers in the Bank account.

Bank reference:

Information that appears on employee bank statements.

Account name:

For security reasons some banks require an account name and a bank account number to verify direct credit transactions. If the superannuation fund name is not the bank account name, then enter the bank account name in this field to ensure that the receiving bank does not reject the transactions.

Note: Some bank formats include Account name details on the PGPRPRIM002 - Direct Credit Schedule report.

Bank code, Bank particulars:

(New Zealand) Bank code and bank particulars that appear on employee bank statements.

Superannuation bank account hierarchy

You can define bank account information for superannuation in the following areas:

• Employee Super Funds | Bank Details tab
• Superannuation Fund | Bank Details tab
• Allowances | Details (iv) tab
• Deductions | Details (iii) tab
• Allowance or deduction transaction form.

In Transaction View, PayGlobal uses the following hierarchy to determine the default bank account that it displays on the superannuation transaction form:

• Employee Super Funds | Bank Details tab
• Superannuation Funds | Bank Details tab
• Allowances | Details (iv) tab or Deductions | Details (iii) tab.