NEW: Superannuation monthly threshold and Opening Balances!
Updated: Jun 18
This month we have been working on improving some of our features in Payroller to make the process even easier for you.
The first change we have made is that from now on, you will not need to edit the superannuation monthly threshold manually.
If your employee earns less than $450 a month, Payroller will only start calculating superannuation once you reach the monthly threshold.
Some things to be aware of with this feature are:
The payment date will be used to categorise which month the payment falls into.
When you reach $450, the total super owed for other pay runs that month will be added to the current pay run. i.e. If my employee earned $200 in the first week of May and then earned $300 in the second week, my second pay run will calculate the super for both weeks (=$47.5).
The second change is in the Opening Balances section.
Here you will find more detailed earnings types like allowances, deductions and JobKeeper.
Thanks for all your fantastic feedback!
You can request more updates and features here.
If you have any questions or you would like a bit of help with these changes, please get in contact with our support team.