FastTrack360 Version 12 Online Help

How to Create the Superannuation Guarantee Eligibility Rules

As part of creating a set of super guarantee eligibility rules you must select the pay code group that defines the set of pay codes that determine which earnings contribute towards the maximum quarterly earnings threshold for the period to which the set of eligibility rules correspond. Therefore, before you attempt to create the eligibility rules ensure that the relevant pay code group has been created in Payroll > Maintenance > Pay Code Groups.

To create the super guarantee eligibility rules, follow the procedure below.

Note that the procedure below explains how to create an initial set of eligibility rules if no rules if no eligibility rules exist in your system. For information on how to add a set of eligibility rules once an initial set of eligibility rules has already been created, see How to Add a Set of Superannuation Guarantee Eligibility Rules.

1.

Go to Payroll > Maintenance > Superannuation > Eligibility Rules.

The Edit Super Guarantee Eligibility Rules screen opens.

 

2.

Click Add.

The Start Date and End Date fields are enabled.

3.

Next to the Start Date field, click the calendar button and use the calendar control to select the date from which the initial set of eligibility rules are to become effective.

4.

Next to the End Date field, click the calendar button and use the calendar control to select the date on which the initial set of eligibility rules expire. Alternatively, skip this step if the initial set of eligibility rules are to remain effective indefinitely.

5.

In the Minimum Monthly Earnings Threshold field, key in the minimum amount a payee has to earn in a month to be eligible to accrue employer super contributions.

 

6.

In the Maximum Quarterly Earnings Threshold field, key in the maximum quarterly earnings amount on which employer super contributions will be calculated and accrued.

 

7.

In the Pay Code Group field, select the pay code group that determines which earnings contribute to the maximum quarterly earnings threshold for the period defined by the start date and end date.

 

8.

Click Save.

The set of eligibility rules is saved.

 

 

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