AU Payroll: super maximum contribution base
Employers are only required to pay superannuation guarantee up to a quarterly threshold (maximum contribution base). At the moment Xero doesn’t cap the super at this level, and will allow super above the cap to be booked. (In fact, to limit the super at the cap requires a work-around adding 2 lines, one with 0% super and another with the fixed amount up to the cap.). Employers can easily overpay their employees’ super. This functionality needs to be built into Xero.
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Debbie Ruthenberg commented
Critical
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Erickson Loria commented
critical
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Nicki Passanisi commented
This is terrible that Xero does not have this major functionality! We have just moved from myob (that has the ability to set the cap) to Xero and I am shocked that Xero support suggested a manual workaround which is so risky and subject to overpaid super. I looked at previous communication in Xero central and found complaints about this from 2021 - 2 years ago Xero!! How long is it going to take to have this put in place?
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Daniel Tropiano commented
This is very important and should have already been implemented. I was lucky to work this out prior to the employee lodging their pay run. Please make this a priority Xero as a few of my customers have complained.
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Elizabeth Wong commented
Very important. Hard to manually track and employees may end up with excess contributions.
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Dane Pollack commented
I feel as though this functionality should have always been a part of Xero. Having to manually calculate this is problematic, and I'm sure a number of businesses are overpaying super as this functionality isnt built in.
It doesn't seem as though it would be extremely complex to have implemented as other payroll software i have used does have this functionality.
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Freya Pieroz commented
Every time one of my clients adds another employee who is paid above the maximum contribution base, I have to explain that the annual wage on their payslip only includes the maximum contribution base, and not the salary on which my client does not pay super. They all query it. Every time.
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Graham Martin commented
This is an important matter to my clients - it is too easy to overpay super unless you adopt the manual chnages that have been suggested elsehwere in Xero Central
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Bruce Callaway commented
I need this functionality now