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Go to: Payroll menu > Pay Run.
Minimum Employee and Employer KiwiSaver contributions increase from 2% to 3%. These changes take effect from the first FULL PAY RUN on or after 1 April 2013.
VisionVPM has automated this change so when you enter the Pay Run Date, depending on the date, VisionVPM will prompt if you have any employees that have KiwiSaver employee and employer deductions that need to be changed.
When you click Yes, VisionVPM will update the KiwiSaver contributions. If you click No, then the pay run will close and you will need to make the changes manually.
VisionVPM will look at whether employee's pay cycles are weekly, fortnightly or monthly and make the changes based on the pay cycle and the Pay Run Date.
For example, if you have employees who get paid weekly and fortnightly and you enter a Pay Run Date of 1 April 2013, VisionVPM will not make any KiwiSaver changes.
If you enter a Pay Run Date of 8 April 2013, VisionVPM will prompt you to change employees who get paid weekly and have a minimum KS contribution of 2%. This is based on the fact that employee's pay period is from 1 April 2013 to 8 April 2013.
If you enter a Pay Run Date of 15 April 2013, VisionVPM will prompt you to change employees KS who get paid weekly and fortnightly and have a minimum contribution of 2%.
Please note that VisionVPM is utilising the Pay Run date as the final date of the pay period to determine the start date for the increase in KiwiSaver contributions. If this is not the case with your payroll, please contact the Service Desk.
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