Cost Centres and Superannuation Payments

Question

Good morning!

Yesterday I paid superannuation utilising MYOB Pay Superannuation. MYOB is still not functioning correctly when it comes to allocating the payments back to the cost centre used in the payroll process. MYOB doesn't record it back to any cost centre.

Cheers, Bronwyn

BronwynHamster · Answer

Thanks again Jem. I think you may have misunderstood my comments on MYOB Classis. One of my Clients still runs MYOB Classic because the Categories aka Cost Centres actually work 100% correctly in the Classic version. Which they do not in the ARL version.

The assistance I would love is for MYOB to correct these bugs in ARL so I can move this Client over from Classic to ARL.

Cheers

Jemar_C · Answer

Hi BronwynHamster,

I can see that you are encountering some snags with Cost Centre. We've just updated the language to make it more user-friendly it's formerly known as 'Categories', and yes, currently, it's not available in Accountright Classic. For more detailed information on Cost Center, please check out this helpful article.

Feel free to write a post if you need further assistance.

Cheers,

Jem

BronwynHamster · Answer

Thanks for your detailed response Jem.

I understand the software allocation process, have been using Categories, now renamed Cost Centres, since MYOB first made them available in MYOB Classic back in the early 2000's. When MYOB migrated to online platform in 2013 it failed to address Categories. When MYOB advised Cost Centres were available a month ago I thought the issues around Superannuation and Electronic Funds transfers would have been addressed. Sadly, that is not the case. So, one of my Clients cannot migrate from MYOB Classic as we must provide a Balance Sheet for each of our Productions. Companies who ran Trust Accounts also had the same issue.

Cheers, Bronwyn