Superannuation with Meridian

Meridian effiiciently Australian superannuation funds and related transactions. Contributions can be set up as either Employer or Employee type and any number of contributions can be added to an employee or fund. Unlimited superannuation funds can be defined for each employee.

In addition to basic Superannuation calculations, Meridian also enables you to define qualification dates, values and cumulative earnings. Information relating to consecutive periods required and achieved and pro-rata totals are also stored. Superannuation calculations are displayed on all transaction reports.

With the ATO clarifying the pay components that may be included in calculating the Super Guarantee Levy (SGL) to encompass Salary and Wages, Meridian provides employers with the ability to utilise Salary and Wages components to verify SGL eligibility.

Super contributions can be paid easily using a creditor option per fund. Meridian is “swimEC” compliant, enabling remittance of superannuation contributions using Meridian’s EFT creditor function to any participating superannuation fund.