The SuperStream standard was introduced by the ATO on 1 July 2014.
It’s a way of requiring all employers to make super contributions electronically.
Zavanti provides a solution enabling you, in conjunction with a clearing house, to meet your SuperStream obligations by providing a new basis for sending linked data and super contribution payments.
By utilising the Payroll Contributions Maintenance functionality in Zavanti you can maintain Employee Superannuation details and support the generation of the required reports and lodgement files to be SuperStream compliant.
Zavanti Payroll Contributions Maintenance allows employers to maintain the necessary information for their employee’s Employer Superannuation Guaranteed Contributions and any Voluntary Superannuation Contributions. This functionality also caters for the electronic lodgement of this data with nominated clearing houses for processing using a clearing house ‘standard’ formatted CSV file.
For more information and assistance on SuperStream obligations go to www.ato.gov.au/superstream
The SuperStream Alternative File Format (SAFF) file is a (ATO) standardised file used to report and transmit employee superannuation contribution data to clearing houses in a compliant, structured format. It ensures that super contributions are processed accurately and meet SuperStream requirements.
In Zavanti Payroll, the SAFF file has been incorporated to streamline the superannuation reporting process. Super contribution data is captured directly through payroll contribution details and transactions and exported into the SAFF CSV format as part of the Pay Run. This allows employers to easily submit contribution details to their chosen clearing house, rather than manually entering data.
|
ℹ️ |
It is an Australian Taxation Office requirement for employers to pay superannuation contributions through a compliant SuperStream method, which typically involves using a clearing house. However, the use of a SAFF (SuperStream Alternative File Format) file is not mandatory. Employers may choose to use SAFF where supported or alternatively enter contribution details directly into their clearing house. |
A new step has been introduced at the end of the Pay Run process to generate the required SAFF CSV file for reporting Payroll Super Contributions. Similar to the creation of the Single Touch Payroll (STP) file, the SAFF file is automatically generated using the data from the specific Pay Run batch.
This ensures that all superannuation contributions for the pay period are accurately captured and formatted according to the regulatory requirements for submission to superannuation clearing houses.
The process leverages the finalized payroll data to produce a file that can be submitted directly, minimizing manual adjustments and helping maintain compliance with reporting standards.