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March 24, 2022
Question

Setting up reportable employer superannuation contributions

  • March 24, 2022
  • 1 reply
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How do I set up this item, so it would show up on employee's Summary

1 reply

March 24, 2022

Hi rivashpak,

 

You can set up an employer super contributions under Pay run inclusions of the employee's details. Here's how:

 

  1. Click on the Employees tab.
  2. Under the employee list, select the employee name.
  3. Click on Pay Run Inclusions, and select Employer Contributions.
  4. Enter the contribution amount in the Amount (per pay run) section. Or You can select the amount as Fixed, Percentage of Gross, OTE or taxable earnings.
  5. Select when you want to the super contributions to start and end date.
  6. Click on Save.

Once you create the next pay run the super contributions will be added on the employee' pay run.

 

If you wanted to record a pre tax deduction or salary sacrifice super (usually this is auto set up by the payroll system). Check the steps below:

 

  1. Click on the Employees tab.
  2. Click on Payroll Settings.
  3. Click on Deductions Categories.
  4. Locate Salary Sacrifice, if none click on Add (if you don't have a Salary Sacrifice Super category type yet).
  5. Under Name set to Salary Sacrifice Super.
  6. Deduction type is Reportable employer contribution (RESC).
  7. Classification is Salary sacrifice (superannuation).
  8. Click on Save.

 

You can also check the articles below to learn more about setting up employer super contributions in QuickBooks Online:

 

Drop a comment below if you have more questions about adding RESC in QuickBooks Online Payroll. Have a great day!