While the government has passed the legislation, digital service providers like SAP and SpinifexIT are still awaiting finalized technical requirements from the ATO. However, we are already proactively planning several key enhancements to our Easy STP solution to help you transition smoothly:

• New Fields and Table Support: As SAP delivers changes related to Payday Super, including new tables, or fields – SpinifexIT will incorporate these into our reporting engine and pre delivered field structure.

In addition: Our Easy STP solution will add a new Payday Super menu, with an initial 10 new reports to help you with preparation for Pay Day Super, as well as ongoing validation of the payments.

These reports fall into the following categories.

• Configuration Checks: Reports to help check your Payday Super wagetype and superannuation configuration.
• Proactive Pay Result Reconciliation Reports: These will include detailed comparisons of Qualifying Earnings cumulations against Ordinary Time Earnings (OTE) and Superable Earnings.
• Superannuation Contribution Validation Checks: These will validate that the Superannuation Contribution amount is in line with the required percentage needing to be paid.
• Enhanced Data Integrity Checks: Payday Super brings a heightened need for accurate data. We’ve included an additional report to validate the key Masterdata fields required for your Payday Super ATO submission at the employee level.
• Superannuation Focused STP Data Reconciliations: These reports will reconcile and validate your Qualifying Earnings (QE)  and Superannuation Contributions generated to your STP file, ensuring the data being reported to the ATO is correct.

Please see a sneak peak of the Payday Super reporting suite below: