Tuesday, April 2, 2024
2 changes · master
Enhancements to existing features
Australian payroll now creates SuperStream contribution records directly from validated payslips, reducing manual entry and the risk of incorrect employee or fund details. Businesses can split superannuation across multiple accounts by proportion and register payments from the SuperStream workflow.
Original PR description
SuperStream is the way businesses must pay employee superannuation guarantee contributions to super funds. This process is part of the STP. Currenty, after validating the payslip we needed to create superstream record and manually input all the correct employee details. This Commit automates this process by - Adding superstream lines from payslip. - Computed fields for superstream based on account configuration. - Allows super to be paid to multiple accounts according to proportions. - Allows Payment registration from superstream. Task - 3635231
Adds support for calculating and accounting for UAE corporate tax when annual net profits exceed the taxable threshold. This helps companies prepare required corporate tax reporting directly within the UAE localization reports.
Original PR description
When a corporation's annual net profits exceeds a certain limit, a corporate tax has to be paid. This commit implements the calculation and accounting of this corporate tax. task: 3690934