Process a Pay Run with both a Schedule 5 – Method B (ii) Pay Rate and Concessional Superannuation Contribution Deduction

!When processed in the same pay run, Concessional Superannuation Contributions will be deducted from any and all Schedule 5 – Method B (ii) payments before tax is calculated as confirmed by the ATO on 16th August 2018.

1. When composing the Employees Pay, Click Line 2 under Pay Rates.
2. Select Back Pay, Commission, Bonus (B(ii)) or add a new Schedule 5 – Method B (ii) Pay Rate if necessary.
3. Enter the Back Pay, Commission, Bonus (B(ii)) QTY and Rate unless previously set.
4. Click Line 57, under Deductions.
5. Select Concessional (Before Tax) Superannuation or add a new Concessional (Before Tax) Superannuation Deduction if necessary.
6. Enter the Concessional (Before Tax) Superannuation QTY and Rate unless previously set.
7. Make any other changes as necessary.
8. Click Pending or OK to save all changes.