The checkbox, Employer Contribution (STP) is in the Addition / Deduction record. This feature enables correct reporting of employer super liability values in STP Reporting for employees on total remuneration packages.
When a Deduction Before Tax, that has the Employer Contribution (STP) option selected, is used as the method of processing employer superannuation contribution values for these employees, values processed for the Deduction are reported as Super in STP Reporting Events.
Please note that this method is only applicable to employees on total remuneration packages (e.g. base salary plus employer contributions and any other included benefits). For other employees, for whom employer super contributions are not considered as part of their total remuneration, the correct approach for processing employer superannuation contributions is to use an Employer Contribution rather than a Deduction Before Tax.
While processing employer contributions in this way enables Super values to be shown in STP Reporting, OTE values for employees with Deduction Before Tax employer contributions will show as 0.00.
Because this method is a non-standard way of processing employer contributions, specifically developed to enable reporting of Super liability for total remuneration employees, it sits outside regular superannuation processing. Unlike an Employer Contribution record created in Payroll, Superannuation, Employer Contributions, Deductions Before Tax do not include Calculation Parameters, where the pay components that make up OTE are defined.
Current guidance from the ATO (as per Quick Code QC 54550, modified 04 Jun 18) is that employers must report employer super liability OR OTE values for each employee in a Pay Event.
Download the following document for complete instructions on this set up in MicrOpay:
