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The below explains how to setup a Contribution Rate Rule for additional employer contributions that need to be reported as RESC and apply it to the Payee record.


Where employer super contributions exceed the mandatory amount required to be paid under the superannuation guarantee contributions (SGC) scheme or under an applicable industrial award or agreement, the extra amount is called reportable employer super contributions (RESC) and are reportable on the employee’s payment summary.


Step-by-step guide

This example is based on an additional 2.5% employer contribution.

PART ONE – Add Contribution Rate Rule

This assumes a Contribution Rate Rule for SGC has already been setup and applied to the Payee record.

  1. Log into FastTrack360
  2. Go to Payroll > Payroll > Maintenance > Superannuation > Contribution Rate Rules
  3. Click Add (Plus icon)
  4. Enter Name > Select Week Ending Day > Tick the RESC tickbox
  5. Change Status to Released if you want the contribution rate rule to be available for use as soon as it is saved
  6. Click Add Validity Period > Enter Validity Start Date > Click Edit
  7. Complete relevant fields
  8. Click OK > Click Save


PART TWO – Add to Payee Record

  1. Go to Payee
  2. Search for relevant Payee and open record
  3. Add a new Validity if required
  4. Click Superannuation Details tab
  5. Click Add (Plus icon)
  6. Search for the relevant Fund and click OK
  7. Complete Policy/Member Number and Registration Date
  8. In Rate Rule, select RESC rule created in Part One > If required, tick Agreement Default
  9. Click Save









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