Forum Discussion

FAW's avatar
FAW
Experienced Cover User
6 years ago
Solved

Super Refund MYOB Entry

Hi   I was wondering if someone would please be able to help me. We usually pay Super through MYOB.  However we had a $1200 Super Payment paid to the wrong Superfund by accident (our fault).  That...
  • Neil_M's avatar
    6 years ago

    Hi FAW

     

    Generally speaking, if you are dealing with a returned superannuation contribution, we recommend following the steps outlined in our help article Reversing and reprocessing superannuation payments. This article steps through how to reprocess the superannuation contribution to be able to send it out through the Pay Superannuation system.

     

    In terms of the transactions themselves, typically if the same accounts have been used in both a Spend and Receive Money then the two transactions would offset one another.