How to Create a Superannuation Fund

How to Create a Super Fund

1.

Go to Portal > Pay > Maintenance > Superannuation > Funds.
The Superannuation Funds Maintenance screen opens.

2.

Click .
The Superannuation Funds Entry screen opens and the Fund Details tab is active.

3.

In the Fund Name field, key in a unique name for the super fund. This will be the name that will appear wherever a super fund can be selected within the Portal > Pay module.

4.

In the Reporting Name field, key in the name of reporting name of the super fund. This is the name of the legal entity that identifies the super fund and will be used for reporting and on payslips.

5.

In the Contribution Payment Period field, select the contribution payment period that defines the contribution periods for the super fund.

6.

Key in or select any other relevant information about the super fund as required.
Click here for a description of each field.