Hi there, @Dynamic Treasurer.
I appreciate you for getting in touch with us about the pension calculation in your account. I would feel the same way in that situation if there are no notifications about the problem and updates in the product.
If only I can check accounts, I would be able to determine any changes or issues regarding SMP in QuickBooks. However, Community is a public forum.
It would be best to proceed with contacting support if there are no changes to the setup and figures won't calculate. Our Support Team has access and tools unavailable to me so that your information is kept secure and private.
In case you need the steps, here's how:
- Go to the Help menu at the upper right.
- Choose Contact Us.
- Enter your specific concern in the What can we help you with? box.
- Click Let's talk.
- Select Get a callback or Start a chat.
- Enter your contact information.
- Choose Confirm my call or Send message.
Also, I can provide some information for your question about adding pay elements. The method in making changes is still the same and accessible through the Pension settings. For the employee and employer pensionable, the details are available from the Pay Categories section.
As we assess, I suggest you visit our QuickBooks Blog to stay updated with all the changes that are being made.
I've attached some articles you can use to learn more about setting up pensions in QuickBooks:
- Workplace pensions in QuickBooks Online Standard Payroll
- Pension Scheme Setup in QuickBooks Online Advanced Payroll
Drop me a comment below if you have any other questions. I'll be more than happy to help. Wishing you a good one.
replying to Alcaeus F
Thank you but SMP was not the real problem. On our list of Pay categories, which were all set up correctly, AMP was the last on the alphabetical list (but not the last to be added). We only have one employee on SMP, since July, and all previous payrolls had included SMP as set-up.
I am fairly certain that a change was made (for the better) in the way that pay categories are added to Gross Pay for pension purposes. In October I had to add items through the Pension Settings -: Contribution Plans menu. That method has now been superceded by adding pay elements on the Pay Categories in Payroll Settings.
Then something unexpected happened overnight last Wednesday. At 5pm on Wednesday we had left the payrun with a manual override on Employee and Employer contribution %'s in order to calculate the correct pension amounts overall.
On Thursday morning the payrun was showing incorrect pension contributions as it had then added in SMP, so fortunately we able to revert to the correct (contracted) Employee and Employer rates to produce the correct answer!
SO our conclusion is that overnight, the QB team had identified a problem, possibly in the number of items that could be added to Gross Pay for pension purposes, and corrected it. The fact that it showed as an SMP problem, possibly had more to do with it being the last item on our list rather than with SMP per se.
I have no other explanation.
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