July 5, 2022 * Jordan at 3:14 pm
Payroll/HR Update 2022
The SapphireOne Payroll/HR Update 2022 is now available for all SapphireOne clients. We would like to remind all SapphireOne clients that as of 1 July 2022, Payroll/HR is required to be updated with the necessary changes before completing the first Pay Run of the month. The changes to Payroll/HR include the removal of the $450 minimum super exemption and the increase of superannuation from 10% to 10.5%. This is a part of the Australia Government expanding coverage of superannuation to all employees that qualify in eligibility. For eligibility requirements and more information, please visit the Australian Taxation Office (ATO) website.
Also, before SapphireOne Clients start a new Pay Run, you must set up each employee and the required allowances for Single Touch Payroll Phase 2.
SapphireOne clients can utilise the functionality to update super payments. SapphireOne clients have the ability to update the changes to their Payroll/HR with the Payrollupdate2022 procedure. Payrollupdate2022 will remove the $450 minimum super exemption and also adjust all 10% super to 10.5%.
Where used: Utilities > Utilities > Sapphire Functions > Payroll/HR (drop down) > Payrollupdate2022
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