SGC Custom Threshold Maintenance (Australia Only)

You can set up different thresholds for different companies within Greentree, or different thresholds for employees within a company if required.

This table lists the lower and upper thresholds for the SGC automatic reconciliations and rate to be applied for any given financial year for custom SGC Thresholds. These values can be overridden.

The rates in this table will only apply if the SGC Custom Threshold is selected for an employee or in the HR Module Control.

Name

Enter a name for the custom SGC Threshold, up to 30 characters.

Effective Date

Enter the date from which the custom SGC Threshold will become effective.

Lower

Enter the lower threshold. This is the minimum amount that an employee can earn in a month before SGC must be deducted.

Upper

Enter the upper threshold. This is the maximum amount an employee can earn in any quarter that the SGC must be deducted for. SGC for amounts over this threshold will be adjusted when the pay is finalised.

Rate

Enter the rate that applies to this SGC Threshold. This is used in the Super Reconciliation report to ensure the correct amount is contributed for the employees on the selected Custom Threshold.

Under 18 Hours

Enter the number of hours an employee who is under 18 years of age can work in a month before SGC must be deducted.