I am trying to set up a SMSF but MYOB has an expectation I will pay super through the Pay Super functionality. I pay through the SBSCH. Do I HAVE to set up Pay Super just to get the opportunity to select the type of fund and enter the details? I accept that entering bank details etc will not affect anything unless Pay Super is entered and the transactions are authorised but to err on the side of caution, I don't like entering bank details unnecessarily.
Thanks
Hi Ms_Doob
Thank you for your post. The super funds your employees belong to need to be set up in MYOB. So, in addition to setting up superannuation pay items, you'll need to:
Before you begin you’ll need to Sign up for Pay Super as it’s included with your MYOB subscription, and you can use it to make super payments directly from MYOB.
You may also have a look on this Help Article: Set up Pay Super and Set up Superannuation Funds that has detailed information and instructions to assist with this.
If you need further help with this don't hesitate to start a new post and we'll be happy to assist.
If my response has answered your enquiry, please click "Accept as Solution" to assist other users find this information.
Cheers,
Shella_A
