Setting Up Qualifying Earnings (AU)

In Australia, qualifying earnings (QE) are used as the basis for calculating an employee's super guarantee (SG). To make sure MYOB Acumatica correctly calculates SG, you need to set which pay items are liable for QE.

You can set pay items as liable or not liable for QE on the Pay Item Liabilities form (MPPP1025). When a pay item has the Liable for Superannuation (SG) checkbox selected, then the Liable for Qualifying Earnings (QE) checkbox is automatically selected, as most pay items that are liable for SG are also liable for QE.

However, some employees might have awards or agreements that mean they receive payments liable for SG but not liable for QE. For example: overtime, paid parental leave and workers compensation while not working. For these pay items, you can deselect the Liable for Qualifying Earnings (QE) checkbox.

Note: For more information about qualifying earnings, see the Australian Taxation Office (ATO) website: Explaining qualifying earnings and What payments are qualifying earnings.