Public Sector Statutory Information Calculation Card

Personal payroll calculation cards capture information specific to a particular payroll relationship.

Before you start

• In the element template, you need to have answered the relevant question, Does Additional Superannuation Contribution (ASC) apply?. When you configure the template, you must define it as ASC Related and the employee's ASC calculation card has been associated with the appropriate assignment.
• You should have configured the required eligibility for the predefined element for ASC.
• Ensure that the correct elements feed the relevant balances for the purposes of calculating the values relating to the ASC deduction.

Create a calculation card Public Sector Statutory Information and all the associated components to define ASC contributions.

Here's what to do:

Note: My Client Groups > Person Management

Here's what to do

1. Search for and select the employee.
2. Got to Payroll > Calculation Cards.
3. Create the calculation card.
4. Enter the effective date and select the name Public Sector Statutory Information. Continue.
5. The calculation card automatically creates the Additional Superannuation Contributions calculation component.
   Note: The calculation card is date tracked, you need to ensure that correct date is applied to the employee and their relevant assignments
6. Enter the required fields as shown below:

   Field	Value
   Covered	Select Yes or No
   Band Type	Select the applicable band type: Faster Nonmain Single Standard
   Calculation Basis	Select either Cumulative or Noncumulative
   Gross Superannuation income Previous Employments	This field and the one below are used in the periodical calculations where the calculation has been defined as Cumulative, and are added to the In Employment values, to determine the deduction/refund due based on the year to date contributions due, and taken. When cumulative, the process uses the total ASC related income in current and previous employments, and uses the table for the annual band limits and percentages, to determine, based on the current period, how much the employee should pay in ASC. This is then offset against what they have already paid in their current, and previous employments, to determine if they have overpaid (refund) or owe the difference (deduction). Enter the relevant value, if required.
   Superannuation Contributions Previous Employments	Enter the relevant value, if required.
   Gross Superannuation Income Subsidiary Employments	This field and the one below will apply when you are the main employer, and other Nonmain employments are held for the employee. At the end of the financial year, you need to get these values from the other employers. Recording this information helps you to make any manual end of year calculations based on the total earnings throughout the year, and to report the end of year ASC returns. Enter the relevant value, if required.
   Superannuation Contributions Subsidiary Employments	Enter the relevant value, if required.

7. Go to Associations, select the relevant tax reporting unit and the related assignments for the employee.
8. Save your changes.

Results:

This is similar to tax calculation where if the value is calculated cumulatively, the deduction is calculated cumulatively minus what has already been deducted either in previous employments, currently, or a combination of the two. Noncumulative uses just the current periods values in the calculation. Bands and percentages are predefined in the system