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3. Employee Defaults
3. Employee Defaults
Superannuation Global Defaults
- Select the Default Super Fund
- The Lower Super Threshold determines the minimum salary per month that an employee must earn before the employer must pay Employer Super
- The Upper Super Threshold determines the maximum salary per quarter that an employee can earn before the employer does not need to pay Employer Super
- Enter the default Employer Super Contribution
- Select the Default Super Expense Account
Work Cover
- Policy Name - Enter the Work Cover policy name
- Policy No - Enter the Work Cover policy number
- Company Default - Mark the checkbox if this is the company default
- State - Select the state for the Work Cover policy
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