cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Want an expert to help you set up your QuickBooks Online? Find out how: Click here
85670717
Level 1

SG (Super Guarantee) vs EC (Employer Contribution)

What is the difference between these two in pay runs?

1 Comment 1
IntuitAika
Intuit

SG (Super Guarantee) vs EC (Employer Contribution)

Hi 85670717,

 

Super Guarantee in pay run is the minimum amount you must pay to avoid the super guarantee charge. These super guarantee contributions must be the minimum amount based on the current super guarantee rate of your ordinary earnings, up to the maximum contribution base. 

 

On the other hand, Employer Contribution is a superannuation contribution that is paid by the employer and is set up as a super adjustment in employee's Pay Run Inclusions. This feature allows the employer to add the contribution straight into the employee's pay, without working out the gross wage to include superannuation. 

 

Here's how to check: 

 

  1. Go to Employees tab.
  2. Select an employee.
  3. Select Pay Run Inclusions.
  4. See Super Adjustment

 

Also, this article from ATO will provide more information if you or your employee is eligible for super: Employees

 

Please reach out again if you have any other questions.