This activity allows you to record the employee super payment details of the employee. The super lump sum payment made to the employee is calculated by withholding the value from the total super lump sum amount. The super income stream payment made to the employee is calculated by withholding the value from the total super income stream amount. You can also modify the details of employee super payments details.
This activity allows you to do the following
Employee Code should have been defined through Employee Code Setup component.
Employee details should have been defined through Employee Personal Information component.
Employment details should have been defined through the Employment Information component.
All user defined values should have been defined through the HR General Information component.
To record employee super payments details select Statutory → Australia Statutory Administration → Employee Super Payments from the Business Process menu.
Choose an option from the Australia Statutory Setup Unit combo.
In the Search Criteria section, enter the code that identifies the employee. Click the lens icon to retrieve an employee code from the Help on Employee screen.
Click Get to retrieve the existing employee details.
The system displays the name, age and preservation age of the employee.
In the Access History section, choose an option from the Effective Period combo to access the history with the effective dates.
In the Super Lump Sum Payments section, choose an option from the super lump sum category. The system lists the Death non dependent beneficiary, Death Trustee of deceased estate, Death dependent beneficiary, Member Benefit, None, Rollover and terminally ill recipient as options
Enter the Total Super Lump Sum amount made to the employee is the rounded value of the sum of the withholdings on taxed and untaxed elements.
Enter the tax free amount calculated against the lump sum amount.
Enter the taxable amount calculated against the lump sum amount.
Enter the taxed element in the lump sum amount payment.
Enter the untaxed element in the lump sum amount payment.
Enter the total withholding tax amount in the lump sum amount payment.
In the Super Lump Arrear section, enter the taxed element in the arrear payment of the lump sum amount.
Enter the untaxed element in the arrear payment of the lump sum amount.
Enter the tax free component in the arrear payment of the lump sum amount.
In the Super Income Stream Category section, choose an option from the Super Income Stream Category. The system lists Death of the payee, None, Untaxed element Non zero and Untaxed element zero as options.
Enter the total super income stream amount which is the sum of the withholdings on taxed and untaxed components.
Enter the tax free amount for the employees super income stream.
Enter the taxable amount for the employees super income stream.
Enter the untaxed element in the income stream of the employee.
Enter the taxed element in the income stream of the employee.
Enter the Tax Offset Amount for the selected tax offset section.
Enter the Tax Amount Withheld for the super income stream.
Choose an option from the Tax Offset Section which is applicable from a user defined list of options.
In the Attachments multiline, enter the name of the document to be attached for the payment. Click the folder icon to browse and the select the file you want to attach.
In the Modification Details section, choose Correct option from Modification Option combo to save the modified details with current effective date.
Choose Update option from Modification Option combo to update the modified details with new effective date.
Note: While modifying, you can use one of the two available modification options viz., "Correct" and "Update". If you choose the Correct option, the changes you make will come into effect in the existing record itself. If you choose the Update option, the system closes the existing version of the record and will create a new record containing the changes you make. You are to specify a new effective date which will become the effective date for the new record.
Enter the New Effective From date to validate the updated the records.
Enter relevant Remarks that pertaining to the employee super payment details.
Click Submit to save the employee super payment details.
Note: The system saves the employee super payment details.
To edit or update an existing employee super payment details select Statutory → Australia Statutory Administration → Employee Super Payments from the Business Process menu.
Choose the option from the Australia Statutory Setup Unit combo.
Enter the code that identifies the employee. Click the lens icon to retrieve an employee code from the Help on Employee screen. The system displays the name of the employee.
Click Get to retrieve the existing employee details.
The system displays the name, age and preservation age employee. The system retrieves and displays entire details of the specified employee code. Make required modifications to the data displayed. Refer Fields in this Screen topic for an explanation of the fields displayed.
Click Submit to save the super payment details of the employee.
|
Field Name |
Description |
Type |
Editable |
Field Length |
Mandatory |
Remarks |
|
Australia Statutory Setup Unit |
Choose the Australia Statutory Setup Unit for which the employee super payment detail has to be recorded. |
Combo |
No |
|
Yes |
|
|
Search Criteria |
||||||
|
Employee Code |
The code that identifies the employee to which the employee super payment detail is recorded. |
Textbox |
Yes |
25 |
Yes |
Click the lens icon to retrieve an employee code from the Help on Employee screen. |
|
Employee Name |
The employee name is displayed for the specified employee code. |
Textbox |
No |
40 |
No |
|
|
Employee Age |
The age of the employee is displayed. |
Textbox |
No |
20 |
No |
|
|
Preservation Age |
The preservation age of the employee is displayed. |
Textbox |
No |
20 |
No |
|
|
Access History |
||||||
|
Effective Period |
The option that indicates the effective period to access the history with the effective dates. |
Combo |
No |
|
Yes |
Use the drop-down values to view previous history data. |
|
Super Lump Sum Payments |
||||||
|
Super Lump Sum Category |
The option that indicates the super lump sum category. |
Combo |
No |
20 |
Yes |
The system lists the Death non dependent beneficiary, Death Trustee of deceased estate, Death dependent beneficiary, Member Benefit, None, Rollover and terminally ill recipient as options |
|
Total Super Lump Sum |
The Total Super Lump Sum amount made to the employee is the rounded value of the sum of the withholdings on taxed and untaxed elements. |
Textbox |
Yes |
20 |
No |
|
|
Lump Sum Tax Free Amount |
The tax free amount calculated against the lump sum amount. |
Textbox |
Yes |
20 |
No |
|
|
Lump Sum Taxable Amount |
The taxable amount calculated against the lump sum amount. |
Textbox |
Yes |
20 |
No |
|
|
Taxed Element |
The taxed element of the lump sum amount payment. |
Textbox |
Yes |
20 |
No |
|
|
Untaxed Element |
The untaxed element of the lump sum amount payment. |
Textbox |
Yes |
20 |
No |
|
|
Total Tax Withheld |
The total withholding tax amount in the lump sum amount payment. |
Textbox |
Yes |
|
No |
|
|
Super Lump Arrear |
||||||
|
Taxed Element |
The taxed element in the arrear payment of the lump sum amount. |
Textbox |
Yes |
|
No |
|
|
Untaxed Element |
The untaxed element in the arrear payment of the lump sum amount. |
Textbox |
Yes |
|
No |
|
|
Taxfree Component |
The tax free component in the arrear payment of the lump sum amount. |
Textbox |
Yes |
|
No |
|
|
Super Income Stream Payments |
||||||
|
Super Income Stream Category |
The option that indicates the super income stream category. |
Combo |
Yes |
|
Yes |
The system lists Death of the payee, None, Untaxed element Non zero and Untaxed element zero as options. |
|
Total Super Income Stream Amount |
The total super income stream amount which is the sum of the withholdings on taxed and untaxed components. |
Textbox |
Yes |
20 |
No |
|
|
Income Stream Tax Free Amount |
The tax free amount for the employees super income stream. |
Textbox |
Yes |
20 |
No |
|
|
Income Stream Taxable Amount |
The taxable amount for the employees super income stream. |
Textbox |
Yes |
20 |
No |
|
|
Income Stream Untaxed Element |
The untaxed element in the income stream of the employee. |
Textbox |
Yes |
20 |
No |
|
|
Income Stream Taxed Element |
The taxed element in the income stream of the employee. |
Textbox |
Yes |
|
No |
|
|
Tax Offset Amount |
The Tax Offset Amount for the selected tax offset section. |
Textbox |
Yes |
|
|
|
|
Tax Amount Withheld |
The Tax Amount Withheld for the super income stream. |
Textbox |
Yes |
|
|
|
|
Tax Offset Section |
The option that indicates the Tax Offset Section which is applicable. |
Combo |
Yes |
|
|
The system loads with a user defined list of options. |
|
Modification Details |
||||||
|
Modification Option |
Choose the action that you want to perform. The options are Correct and Update. |
Combo |
Yes |
|
Yes |
If you choose Update then the system closes the existing details. You should mandatorily enter the New Effective date from which the details will become effective. |
|
New Effective From |
The new effective date of updated records from when the entries become valid. |
Textbox |
Yes |
|
No |
|
|
Remarks |
Any remarks or additional modification information regarding the employee super payment details. |
Textbox |
Yes |
250 |
No |
|