Super payable

Cleggtribe

I have a director that is paid as an employee but the payments get allocated to his loan account, so his wages does not come out of the bank account.

His payroll is set up as electronic clearing while the other employees are cash into a payroll liabilities clearing account. 

His payroll is monthly and when I went to pay his super it is not listed.

Do I need to change him to cash and then journal his wages to his loan account?

 

Thanks

Jackie

 

Princess_R

Hi @Cleggtribe,

 

Appreciate the detail you’ve provided.

 

Whether you need to change the payment method to cash and journal the wages to the loan account is something best confirmed with your accountant, since it depends on how you want the director’s pay to be treated. As for why the super isn’t showing in Pay Super, there are things to check:

• Run the Payroll Activity detail report to make sure super has actually accrued and is due for that pay period
• Check that the director's super fund is set to be paid through MYOB Pay Super / Pay directly from AccountRight
• Try widening the Transactions from and Transactions to date range in the Pay Super window

If it still isn’t showing after that, I’d recommend getting in touch with our team by phone or live chat through our virtual assistant MOCA.

 

Cheers,

Princess