Hi stevek9,
There are three ways on how you can have RESC show up on the income statements. And the third way a super payment will be recorded as a RESC payment is if you make Employer Contributions (ie. you pay the extra super, it isn't deducted from the employee's earnings).
Again, you can either:
Make employer contributions "manually" in a pay run (eg. for a once off payment):
- From within a pay run, click on the employee you want to record the RESC payment for and click the Actions button and select Adjust Super.
- Select the Employer Contribution adjustment type
- Enter the contribution amount and check that all the values are correct.
Or set up a recurring payment:
- On Employees tab, select an employee.
- Select Pay Run Inclusions.
- Click on Add in the Super Adjustments section.
- Select the contribution type.
- Choose the method this amount will be arrived at.
- Enter the $ or % amount.
- Choose the effective date.
For more information, you can also check on this article: What is Classed as Reportable Employer Super Contributions (RESC) and How to Fix Incorrectly Reporte....
Feel free to drop a comment below if you have any other questions. Have a nice day.
