AU Payroll - Option to select salary to include/exclude in Super
I work in the payroll team at a business where the majority of our employees are on salaries that include super. This means every July, I have to go into every person's pay template and recalculate what their new salary is (because xero works only on an excluding super basis).
My suggestion: The ability to select whether a salary is including or excluding super per employee. Then every year when the statutory super amount goes up, I won't have to recalculate everyone's new salary for xero. This also means that an employee's payslip has the same salary as what is referenced on their employment contract
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Claudia Dignam commented
This needs to be done asap as my business operates on a employee payments inclusive of super and every payment has to be done manually.
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Wendy Jones commented
yeah this is uncool. I had to do an adjustment after i paid the full amount payable as pay, not realising that included the super (to be paid elsewhere).
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Lisa Lehmann commented
NET is NET, not gross minus tax!! This has really screwed me up, we pay a pretty penny for our subscriptions; yet we can't even have it do it's job. why?
I've only just realised thst the NET amount INCLUDES superannuation; this makes absolutely no sense given its COMPULSORY, so XERO needs to fix this very bad oversight by deducting super from the NET for it to be truly NET!!
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Lisa Lehmann commented
I've only just realised the net amount includes super; this has totally screwed my accounting up for the last 4 years; this should be stated as you are processing pay runs as a reminder to deduct the super amounts; why can't it give a net balance as we would all expect it to, given super in Australia is MANDATORY!!
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Michael Meyer commented
Every single pay run I do is manual, I hate having to calculate this each and every pay run
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Amy Pearn commented
I have been digging for this and seen a few support conversations but no solution other than manually adjusting the pay item to be exclusive of super. This will mean a lot of manual fixing if/ when the Super rate changes. It would be great if pay items could be noted as either inclusive or exclusive of super, especially for those of us small business people doing it by ourselves.
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Jay Young commented
Agreed Thanks
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Zarei Construct commented
Yes I 100% agree. There should be an option.