The JD Edwards EnterpriseOne Australia Payroll product is enhanced to support Australia SuperStream. SuperStream is an Australian government reform aimed at improving the efficiency of the superannuation system. The main purpose of SuperStream is to ensure employer contributions are paid in a consistent, timely and efficient manner to a member’s account. The change also removes many of the complexities employers currently face as a result of funds being able to set up different arrangements for accepting contributions. This new functionality provides a data and payment standard used to report Superannuation contributions electronically.
A new report, Superannuation XML Extract Report (R75A0350) will generate the data file that can be used to submit superannuation contributions to your clearing house.
Australia Superstream Extract Functionality Is Available (Doc ID 2004013.1) provides more information on the new enhancement features, Australia documentation updates and Transfer of Information (TOI) access.