Superannuation details
The employee's fund and how super is worked out.
In the payroll profile, enter the fund name, its USI and the member number from the employee's super choice form. If they don't choose a fund, use your default fund (or the employee's stapled fund).
Plain works out the super guarantee at 12% of qualifying earnings: ordinary time earnings, including bonuses and commissions for ordinary hours, plus salary sacrificed to super. Overtime isn't included. Super stops at the annual maximum contribution base.
Was this article helpful?