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These settings are made during the EOFY rollover process and play a significant role in the calculation of superannuation within EntireHREntire OnHire.
It is very important that the dates set here are the dates of the last day in the last week ending pay date you will process and pay in each month.
EG: Pay cycle of Monday to Sunday each week. The last Sunday in your current pay month is the 31st but pays relating to this week ending will not be paid into your Member’s accounts until the following month therefore, you would set the date for your current pay month as the 24th because pays relating to this week ending will be paid into your Member’s accounts during the current pay month.
EntireHR Entire OnHire continually refers to these dates during payroll processing. Once the pays for the week ending date nominated have been processed, EntireHR Entire OnHire will then calculate all superannuation payable to Members for any pays that has been processed from the prior month week ending date to the current month week ending date.
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