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How to create a deduction  for  pay advance to members

 To create a new deduction for staff repayment of loans, you can follow these steps:

  1. Navigate to the "Additions and Deductions" section within your system.

  2. Select the option to create a new deduction "PAYINADVANCE.

  3. Enter the relevant details for the loan repayment deduction, ensuring you specify that it is for a pay in advance.

    1. Addition: Is used when you wish to add an amount to the Members Pay.

      Deduction: Is used when you are wanted to deduct an amount from Members Pay.

      Code: This is the code that appears on Payslip (Maximum of 10 Characters recommended).

      Description: Description field to define the allowance in addition to the Code.

      Amount Type: Choice between $ or % depending on the type of Addition/Deduction.

      Amount or Percentage: Field to define a set amount or percentage for automated calculations. Please note this is a default figure and can always be adjusted before applying to a Members pay.

      Please note that per payrun a member can only have a max of $9999.99 - if you need to do an addition or deduction over that amount it will need to be completed over multi payrolls

      Status: The status will control if the Allowance will be visible to users. Please note you are not able to delete an entry once created if an Addition/Deduction is no longer in use you can update the status to Inactive.

      Once Off: If this box is ticked it will show the Addition/Deduction default setting to be a once-off. However, can always be adjusted if you need it to apply on multiple occasions.

      Superannuation Payable: If ticked it will include this Addition/Deduction for superannuation calculations.

      PAYG Exempted: If ticked it will exclude this Addition/Deduction in the Members Tax liability calculations.

      Include in Payment Summary: If ticked it will include the Addition/Deduction to show in the end-of-year submissions to ATO.

      Include in Payment summary - reportable employer superannuation contributions: This option is only available for Deductions. If ticked it will separate the deduction as an employer superannuation contribution.

      Appear separately on group certificates: If ticked this will show the Addition/Deductions separately on the end-of-year submissions to ATO.

      Once you have entered your correct settings select the Add

This should help set up the deduction for loan repayment. If you have any more questions or need further assistance, feel free to ask!