Superannuation
I need help into how I am to journal Superannuation that was paid for a year in advance. The old bookkeeper never used the new STP and paid the super for the whole year before handing over the books for me to do via MYOB. I pay the person in question monthly and I will be paying super monthly for the other employee. So how would I do Person A's super when it is already been paid?
I'm sorry to see that no one has replied to you yet. You could record an adjustment pay for the super amount paid, zero out all other amounts/hours and enter the super amount against the super pay item. Then record a Spend money transaction for the super payment to clear the liability and reconcile the bank account.
Please let me know if you need further help.
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