What are Reportable Employer Superannuation Contributions (RESC)?
Reportable Employer Superannuation Contributions (RESC) are any superannuation contributions paid by an employer for an employee beyond the minimum required to pay by law (currently 9.50%), an industrial agreement or the super fund’s governing rules. RESC includes contributions (over 9.50%) as part of an employee’s individual salary package and contributions under a salary sacrifice (pre-tax) arrangement. Learn more from the ATO here.

How do I set up Reportable Employer Superannuation Contributions (RESC)?
As Reportable Employer Superannuation Contributions (RESC) includes multiple payment types, setup will be dependant on your requirements.

  1. Read here if your Employee has chosen to contribute amounts from their PRE-TAX Income (Concessional (Before Tax) Superannuation Contributions)
  2. Read here within the Employee if you have agreed to contribute MORE than 9.50% Superannuation as part of an employee’s individual salary package,

Where do my Employees Reportable Employer Superannuation Contributions (RESC) report to?
Where the additional Contribution Amount is defined within the Employee, it will report to the same Superannuation Fund as the Employer Contributions (9.50%), whereas the Concessional (Before Tax) and Non-Concessional (After Tax) Superannuation Contribution Deductions will report to the Employee Personal Contribution Superannuation Fund.

Where do I view my Employees Reportable Employer Superannuation Contribution (RESC) Year to Date Balances?
There are several screens within the Employee Profile which will display the current Year-To-Date totals for Reportable Employer Superannuation Contributions (RESC)

  1. Employee Superannuation
    1. Superannuation Salary Sacrifice: Total Concessional (Before Tax) Superannuation Contribution Deductions for this Financial Year.
    2. Total RESC Contribution: Total Reportable Employer Superannuation Contribution (RESC) – specifically contributions (over 9.50%) as part of an employee’s individual salary package for this Financial Year. This YTD Balance is the total payment of all contributions (over 9.50%) per the definition in RESC Payment % or $.
  2. Employee Taxation Balances
    1. Super Salary Sacrifice: Total Concessional (Before Tax) Superannuation Contribution Deductions for this Financial Year.
    2. Reportable Superannuation Contributions: Total Concessional (Before Tax) Superannuation Contribution Deductions AND Total Reportable Employer Superannuation Contributions (RESC) – specifically contributions (over 9.50%) per the definition in RESC Payment % or $ as part of an employee’s individual salary package for this Financial Year.
Revision: 35
Last modified: May 29, 2020

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