Forum Discussion

tanyallorimer's avatar
10 months ago

Salary Sacrifice

Hello

 

I am trying to set up superannuation salary sacrifice for an employee.  What Linked payable account do I select or do I create one?  I know it is a Liability.

 

1 Reply

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    10 months ago

    Hey tanyallorimer,

     

    When you're choosing the Linked Payable Account, some employers use existing payroll liability accounts, while others prefer to create a new one. You can check this link for more info. If you’re still not 100% sure, it’s always a great idea to have a quick chat with your accountant to make sure everything’s spot on. 

     

    Cheers,

    Doreen