This would apply when more than 9.5% is contributed to an employee's superannuation fund and the additional contribution is to be separated from the superannuation guarantee of 9.5%.
From the Employee view, navigate to the Pay Components > Superannuation. Choose Additional Superannuation from the drop down menu and fill in the rest of the details in the box provided.
Once the Additional Superannuation Component is assigned, enter the TOTAL percentage contribution value to the 'Manual Rate' field in decimal format
E.g. Total SGC contribution rate is 15% = 0.15
Review the pay packet to ensure the value is calculating as expected. Note that the superannuation contribution value is separated into two values
- Superannuation Employer Contribution 9.5% Superannuation Guarantee contribution value
- Additional Superannuation Value of all superannuation over and above 9.5%
