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 apply to any financial year for custom SGC thresholds. These values can be overridden.

The rates in this table only apply if the SGC Custom Threshold is selected for an employee or if the threshold is selected Super tab on the HR Module Control form.

Name

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

Effective Date

Enter the date from which the custom SGC threshold becomes effective.

Lower

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

Upper

Enter the upper threshold. This is the maximum amount an employee can earn in any quarter for which you must deduct SGC. SGC for amounts over this threshold is 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 that 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 you must deduct SGC.