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| Current Status | | | Owner | Lisa | | Comment | AU-Payroll |
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Below are 3 examples for each type of salary sacrifice.
| | | Exempt Benefit | Fringe Benefit | Superannuation |
| Button | | Create Salary Sacrifice | Create Salary Sacrifice | Create Salary Sacrifice |
| Pay Component Type | Defaults depending on the button selected on the employee record | Salary Sacrifice | Salary Sacrifice | Salary Sacrifice |
| Pay Component Sub Type | Select one of the following types of salary sacrifice
| Salary Sacrifice-Exempt Benefit
| Salary Sacrifice-Fringe Benefit
| Salary Sacrifice-Superannuation |
| Description | Defaults from pay component sub type | | | |
| UOM | Defaults to year | Year | Year | Year |
Rate
| Enter the amount to be sacrificed | $1200
| $1200
| $1200
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| Amount | Rate | $1200 | $1200 | $1200 |
| Amount Per Period | Amount / Number of Periods | $23.08 (based on weekly pay frequency)
| $23.08 (based on weekly pay frequency) | $23.08 (based on weekly pay frequency)
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| Reduce Employer Contribution | Available if you select Salary Sacrifice Superannuation |
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| Select if the amount of superannuation is to be deducted from the amount to be paid by the employer |
| Is Percentage | Signifies if the calculation is based on a percentage and may need recalculating on pay slips | Can not enter a rate and percentage on same sub component | Can not enter a rate and percentage on same sub component | Can not enter a rate and percentage on same sub component |
| Percentage Type | Available if you select Is Percentage | Salary Sacrifice
| Salary Sacrifice | Salary Sacrifice |
| Percentage | Available if you select Is Percentage | | | |
| Payee | Select the Vendor that will receive this payment | | | Select your Super Fund Provider
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| Balance Sheet Account | Defaults from the vendor selected | | | Superannuation Payable |
| Start Date | Start date that this pay component becomes valid | | | |
| End Date | Leave blank | | | |
| Department | Enter if required | | | |
| Class | Enter if required | | | |
| Location | Enter if required | | | |
| FBT Record | Available if pay component sub type is Salary Sacrifice-Fringe Benefit | | Select/create FBT record for the employee | |
| Range Amount | | | | |
| Reference | | | | |
| Current | Marked | Marked | Marked | Marked |
| Loading Rate | | | | |
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