Set Weekly Minimums for Superannuation
(Australia only) If your employees participate in an Enterprise Bargaining Agreement (EBA), you may need to set a minimum weekly amount for superannuation.
Set this weekly amount at the liability, the craft/class/template, and/or at the employee level. If there is a minimum weekly amount set up at more than one level, the system uses the highest amount in calculating the liability amount. Entering 0.00 means there is no weekly minimum.
The following discusses how to set a minimum amount at the following levels:
- Liability level: Enter the amount in the Superannuation Weekly Minimum field in the PR Deductions/Liabilities form, Addl Info tab.
- Craft/class/template level: Enter the amount in the Superannuation
Weekly Minimum field in one or more of the following forms. When set at this level, the
weekly minimum amount applies to all employees associated with the craft/class
and applies to whatever liability/superannuation fund that they have chosen.
- PR Crafts
- PR Craft Classes
- PR Craft Templates
- PR Craft Class Templates
Employee Level: Enter the amount in the Superannuation Weekly Minimum field in the PR Employee Dedns/Liabs form.
When setting a weekly minimum amount, you must make sure that the superannuation liability code is calculated using the SuperMin routine. For more information, see Setting Up Liability Codes for Superannuation.