You are using an unsupported browser. Please update your browser to the latest version on or before July 31, 2020.
close
e-PayDay Go - Payroll Anytime, Anywhere
announcement close button
Home > Frequently Asked Questions (FAQ) > Pay Types > Pay Rates > System Default Pay Rates which are considered to be Ordinary Time Earnings (OTE)
System Default Pay Rates which are considered to be Ordinary Time Earnings (OTE)
print icon
🎯 The ATO has provided a list of payments that are ordinary time earnings, which we have pre-defined within the below Pay Types

🎯 Superannuation Liability is now reported separately under Single Touch Payroll Phase 2 as:

L (Super Liability): The total Employer Superannuation Liability, which is presently 11.00% of Ordinary Time Earnings (OTE) 

O (Ordinary Time Earnings): The total Ordinary time earnings (OTE) based on the below list

R (RESC): The total Reportable Employer Superannuation, which is based on Deductions that are considered to be Salary Sacrifice to Superannuation and the Reportable Employer Superannuation Guarantee Contributions (RESC) % or $ in the Payee Master File.

 

Worked

 

Bonuses and Commissions

 

Leave

 

Back Payments

 

Termination

Feedback
0 out of 0 found this helpful

scroll to top icon