e-PayDay Pty Ltd

Enter existing Superannuation Balances

  1. Click Employees > Edit Employees or
    Click Employees from the Side Bar.
  2. Select the employee to edit (click once to highlight).
  3. Click Edit.
  4. Click Superannuation.
  5. Click Edit.
  6. Update the following fields will the relevant Year to Date Balances.
    1. Superannuation Guarantee Paid: Total Employer SG that has been recorded in as paid in the current Financial Year (1/07/XX – 30/06/XX).
    2. Superannuation Guarantee YTD: Total Employer SG that has accumulated in the current Financial Year (1/07/XX – 30/06/XX).
    3. OTE for SG YTD: Total Wages / Salary paid in the current Financial Year (1/07/XX – 30/06/XX) that is considered to be Ordinary Time Earnings (OTE) and is used as part of your mandatory Single Touch Payroll (STP) reporting.
    4. Total Employee Contribution: Total Non-Concessional (After Tax) Superannuation Contribution Deductions Superannuation Contribution Deductions for this Financial Year.
    5. Superannuation Salary Sacrifice: Total Concessional (Before Tax) Superannuation Contribution Deductions for this Financial Year.
    6. Total RESC Contribution: Total Reportable Employer Superannuation Contribution (RESC) – specifically contributions (over 10.50%) as part of an employee’s individual salary package for this Financial Year.
  7. Click Save then Exit.
Revision: 7
Last modified: Jul 25, 2022