Retroactive Superannuation Calculations 
Retroactive Superannuation Calculations
Use
This function calculates compulsory and discretionary superannuation contributions retroactively.
Features
Retroactive superannuation contributions are split into two parts:
The difference in the superable earnings is carried forward to the period when the earnings are actually paid, that is, the current payroll period. The difference is added to the superable earnings of the current payroll period, and the super guarantee contribution is recalculated based on the new earnings figure.
The employer’s contributions are recalculated for the periods for which retroactive accounting is run. The new amounts are compared with the original contributions. The difference in the employer‘s contributions is carried forward to the current payroll period and contributed in this period.
The employee’s contributions are recalculated for the periods for which retroactive accounting is run. The new amounts are compared with the original contributions. The employee contributions are processed like any other deduction and are carried forward as a difference in net pay in the current payroll period.