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James - Payroll Champion
Level 2
posted
‎July 15, 2020 11:59 AM
last updated ‎July 14, 2020 6:59 PM

Super Guarantee (SGC) Doubled

Why have super guarantee calculations doubled?

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Best answer July 15, 2020
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James - Payroll Champion
Level 2
‎July 15, 2020 11:59 AM

Super Guarantee (SGC) Doubled

Reasons for specifically doubled Super Guarantee (SGC) are:

  1. Within the employees pay rates or pay rate template the default 9.5% rate has been overridden.
  2. Someone has added a super deduction to the employees pay run inclusions.

The second is easily the most common result to look for. People new to the system do not realise that the normal super guarantee will calculate the defaults based on the earnings within a calendar month. You do not have to ask the system to do this unless you removed the super calculations from your employees pay categories. To delete an incorrectly added Pay run inclusion:

  1. click Employees
  2. select the employee
  3. click Payrun inclusions
  4. Run your mouse pointer across to the right and click on the red X in the circle.

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5 Comments 5
James - Payroll Champion
Level 2
‎July 15, 2020 11:59 AM

Super Guarantee (SGC) Doubled

Reasons for specifically doubled Super Guarantee (SGC) are:

  1. Within the employees pay rates or pay rate template the default 9.5% rate has been overridden.
  2. Someone has added a super deduction to the employees pay run inclusions.

The second is easily the most common result to look for. People new to the system do not realise that the normal super guarantee will calculate the defaults based on the earnings within a calendar month. You do not have to ask the system to do this unless you removed the super calculations from your employees pay categories. To delete an incorrectly added Pay run inclusion:

  1. click Employees
  2. select the employee
  3. click Payrun inclusions
  4. Run your mouse pointer across to the right and click on the red X in the circle.
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FMJ76
Level 1
‎January 11, 2021 03:11 PM

Super Guarantee (SGC) Doubled

Hello, I am tidying up QB for a new client & had this issue, have corrected for entries moving forward as per your instructions.  Some payruns also had Employer Super Contribution of 9.5%

 

Wondering how I can correct the prior entries from October 2020 till now?  Can I back date a correction? Considering deleting the pay runs and reentering them correctly as they have not been submitted to ATO yet, nor has super been paid to superfunds (but does need to be very soon) and could just do a balancing payment to employees.  Any advice much appreciated - my previous clients have not had employees so definitely a bit out of my depth with this.

 

Thank you very much, Fiona

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Intuit Zac
Content Creator
‎January 12, 2021 10:08 AM

Super Guarantee (SGC) Doubled

Hi Fiona, 

 

Thank you for reaching out on this.

 

You can do it either way: 

 

1. Unlock previous payruns by following the steps below and correct the super amount then finalise them again.

  1. Choose Employees from the left-hand menu.
  2. Select Pay Runs and then select the Pay Run you wish to unlock. 
  3. Click Pay Run Actions then choose the Unlock.
  4. Enter in a Comment about why you’re unlocking the Pay Run then select Unlock.

2. Create an ad-hoc payrun to correct the super balance. 

Thank you and please let us know if you have any questions.  

 

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FMJ76
Level 1
‎January 12, 2021 02:24 PM

Super Guarantee (SGC) Doubled

Perfect, thank you very much Zac, all sorted.  Appreciate your help

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Intuit Zac
Content Creator
‎January 12, 2021 02:34 PM

Super Guarantee (SGC) Doubled

My pleasure! :-)

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