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As of Infinet Cloud Payroll 23.1, the super funds are now being maintained by a twice monthly synchronisation process. This process ensures new super funds are created in account, and deprecated or inactive super funds are flagged. SMSF will still need to be created manually. |
Once your employee record has been saved, you can create the Superannuation details for your employee. To do this, follow these steps:
- Navigate to: Superannuation tab > Employee Super Funds sub tab
- Click on New Employee Super Funds
- A new window will open, complete all required details (refer to the list section below)
- Click Save
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New Employee Super Funds fields
In the window that pops up, enter the employee's Super Fund details:
Employee -. Depending on the type of Super Fund the employee has, the information required differs. The table below provides example field values for a standard Super Fund and Self Managed Super Fund (SMSF).
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If the employee's Super Fund is not listed in the dropdown or they have an SMSF, then you will need to create a new Super Fund. Click the + button next to the Super Fund dropdown to do this. Alternatively, navigate to Payroll Administration > Manage Super Funds > Super Fund (Product List) |
| Field | Description | Super Fund value | SMSF value |
|---|---|---|---|
| Employee | Defaults when you create the record |
| Jane Smith | Jane Smith | |
| Super Fund |
| Select from the list |
| , defaults from the |
| organisation's payroll configuration | REST Personal | The Trustee for Jane Smith |
| Super Fund Vendor |
| Select the Vendor who |
| you will pay this employee's super to. The Vendor must be setup as a Super Fund |
| . Select ClickSuper if you're paying super through them. | ClickSuper | ClickSuper |
| Membership Number |
| Enter the employee's super membership number. | 12345678 | 01 | |
| Current |
| Will automatically be marked when you save the record. |
| This indicates that this record |
| is the most current (if there are more than one employee super fund record |
| ) | <check> | <check> |
| Start Date |
| Enter the date that the employee wants to start using this |
| super fund | 1/12/2016 | |
| End Date |
| Enter the date that the employee wants to stop using this |
| super fund | |||
| SPIN | This field has been deprecated, use the USI field instead | ||
| Super Fund ABN | ABN of the Super Fund, generally required only for SMSFs | 87654321 | |
| Unique Superannuation Identifier (USI) |
| Defaults from the Super Fund |
| RES0101AU | ||
| Electronic Service Address (ESA) |
| Required for SMSFs. Defaults from the Super Fund. | * | ||
| BPAY Biller |
| Code | Enter the BPAY Biller Code. |
| Defaults from the Super Fund |
| BPAY Reference Number |
| Enter the BPAY Reference Number. |
| Defaults from the Super Fund |
| Bank Account |
| Name | Enter the Bank Account Name. |
| Defaults from the Super Fund |
| Jane Smith Family Trust | ||
| BSB |
| Number | Enter the BSB Number. |
| Defaults from the Super Fund |
| 062222 | ||
| Bank Account Number |
| Enter the Bank account number. |
| Defaults from the Super Fund |
| 12345678 | ||
| Bank Account Reference |
| Enter the bank account reference. |
| Defaults from the Super Fund |
| Company Super | ||
| Is |
| SMSF | Mark this checkbox if the super fund is a Self Managed Super Fund. |
| Defaults from the Super Fund |
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For Self Managed Super Funds (SMSF) you need to populate the USI, ESA, BSB Number, Bank Account Name, Bank Account Number, Bank Account Reference fields and mark the Is SMSF checkbox. The SPIN Number should be set to SMSF. |
Other Superannuation tab details
Current Fund Data
This information defaults from the Employee Super Fund record that you have created.
Rates and Thresholds
- Employer Super Contribution - 9.5% (defaults from configuration).
- Monthly Lower Super Threshold - if monthly salary/wage is less than this amount ($450) then the employee is not obligated to pay superannuation.
- Quarterly Upper Super Threshold - if quarterly salary/wage is higher than this amount ($50,810) then the employee is not obliged to pay any additional superannuation.
| <check> |
If you do not have an ESA you can apply for one with Click Super (rebranded to Wrkr) here: https://clicksuper.com.au/wrkrsmsf/
Go to step 11. Add Pay Components