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How does MYOB process business owner's additional super?

RUTHN

The business owner has been previously paying additional super into their superfund, but is not on the payroll. How can this be achieved now with Payday Super through MYOB. Do we need to create a payslip for the owner and only record "Additional Superannuation" in the payslip, so that this can be paid through MYOB Pay Super function?

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Princess_R

Hi @RUTHN,

Thanks for explaining that a bit more.

From what you’ve described, since the owner isn’t drawing wages and the super is being paid by the business as a business expense, Employer Additional super sounds like the more suitable setup. That said, because the owner isn’t being paid through payroll, I wouldn’t want to send you in the wrong direction when it comes to payroll setup or reporting. I’d really recommend checking with your accounting advisor on the best way to handle the owner’s super contribution so it’s reported correctly.

Hopefully, someone here who’s handled something similar can chime in and share what worked for them.

Cheers,

Princess

RUTHN

Thanks for your communication, Princess,

My problem is that the owner is not on the payroll, as she owns the business and therefore does not draw a wage, but she does pay Additional Super Contributions from the business, as a business deduction, and other than using MYOB to process our PayDay Super, we don't have a lot of choice as to how to pay it, as we tried setting it up through Australian Super as the clearing house, but they could not get it all set up properly, so we decided to use MYOB to process the super each week. But the problem here is that MYOB won't process a Super contribution unless it is recorded through the Pay Runs, so I am just trying to figure out how to raise a pay slip, or just a journal entry, for the owner to only record the Additional Super Contribution, as she does not draw a wage, so that MYOB can process the Additional Super Contribution and pay it through the system. So, we have a dilemma as to how to actually process this transaction so that it gets paid into her Superfund.

While using the SBSCH, this was an easy entry every month, as it was just added to the staff super contributions and paid that way.

Any further suggestions would be greatly appreciated. :-)

Cheers,

Ruth

Princess_R

Hi @RUTHN,

Thanks for lodging a support ticket.

What you’re seeing would make sense if that pay item is set up as salary sacrifice style deduction, because that type of super is taken from wages before tax. If there aren’t any wages there for it to come out of, that can lead to a negative pay amount and make it show as a deposit instead. If the additional super contribution isn’t actually being taken from the owner’s wages, then it may need to be recorded using a different super pay item instead, such as an employer additional contribution, so it’s treated as a business expense rather than a wage deduction.

For anything around obligations, timing, whether this should fall into a different category for the business owner’s own super contributions, or how it should be offset through the Owners’ Funds account, the safest option is to check with an accountant or financial advisor.

Cheers,

Princess

RUTHN

Thanks Doreen,

Yes, I entered the Personal Super contribution as Additional Super, but it then created the negative wage amount for it, which appeared in the bank as a deposit, as there were no wages to apply. I am wondering if I can offset this amount by a payment from the Owners' funds account, although I would rather have the transaction recorded correctly, as this is an ongoing situation. It was so much easier when I paid the Super monthly through the SBSCH, as adding in the Owners' additional super was just added in with all the other staff super contributions. But it has all changed now, and we have to figure out how to record it properly. I have also tried to actually pay the Super through the Owner's own superfund, but they are saying they can' accept super contributions other than through a clearing house.. I might pursue that a bit further.

Thanks again for all your help. I would welcome someone from MYOB support to contact me and help try to figure out what is the best way to do this. I have raised a case for this, so hopefully someone will contact me soon. We don't want to receive a fine for late payment of super, but I think this situation might fall into a different category, being the business owner's own super payment. Fun & games!!

Cheers,

Ruth

Doreen_P

Hi @RUTHN,

I can see why that would throw the bank rec into chaos. If this was recorded in the browser version as salary sacrifice super, the super amount itself generally shouldn’t be entered as a negative. It should be a positive amount, because salary sacrifice is deducted from the employee’s wages. What makes the net pay reduce is the wage side being offset by that deduction. When there are no wages recorded in the pay and only the super is entered, the wages can end up going negative and the net pay gets flipped around, which is why it can look like a reversal and create that awkward equal-and-opposite entry in bank reconciliation. This one’s worth having our support team check with you directly so they can look at the exact setup and the transaction flow. You can reach out to them via the Contact Us page.

Cheers,

Doreen

RUTHN

Thank you for replying to me query, Doreen,

This is what I worked out to do, and I created a payslip with just the negative amount in the actual pay screen, but when it was processed, it appeared in my Bank Reconciliation as a negative (payemnt) for the super, but also as a positive amount as a wage. I cannot reconcile the bank account, as the deposit amount does not actually come into the bank, so it will remain unreconciled.

I am attaching a screenshot of the transaction in the bank reconciliation screen.. How do I record the Personal Super contributions without creating an equal and opposite amount appearing in the bank screen, which cannot be reconciled? Is there something I am missing??

Cheers,

Ruth Newell

2026.07.01 20260706_160906.jpg

Doreen_P

Hi @RUTHN,

Sorry for the late response. If you want to start recording the additional super through MYOB now, then yes, it would need to go through payroll so it can be picked up by the Pay Super function. This usually means setting the owner up in payroll and creating a pay with just the Additional Superannuation amount in it, so the contribution can then be processed through Pay Super.

Since the owner wasn’t previously having this recorded through payroll, it’d still be a really good idea to double-check with your accountant that this is the right treatment before setting it up, just to keep everything tidy from a reporting and compliance point of view.

Cheers,

Doreen