SGC and SGC Shortfall Setup
The following steps are necessary in establishing the SGC facility and to calculate the contributions:
- Ensure that the Program Control Option PAY29 Position 18,19 and 21 are setup correctly.
- Setup an Allowance/Deduction code for each Superannuation fund.
- Setup an Allowance/Deduction code for each Superannuation fund to record the posting of shortfalls in contributions.
- From the Superannuation window, allocate an Allowance/Deduction code to the appropriate employees.
- Ensure that the Date of Birth is setup for each employee if the rules are based on the date of birth of employee.
- Setup SGC Rules where the following will be defined:
- Establish Eligibility criteria or rules;
- Earnings to include in the calculation of SGC gross; and
- Link to other approved non-contributory Superannuation funds.
The following setups control the information that is printed on Pay Envelopes, Pay Advices, etc.
- Program Control option PAY58 Pay Envelope
- Program Control option PAY59 Pay Advice
- Program Control option A440 Security Pay Advice
- Program COntrol option A442 Employee Non-Contributory Superannuation