Forum Discussion

agb55's avatar
agb55
Contributing User
1 month ago

What other options are there if you don't want to link your bank account in Pay Super

Hi all, 

 

Can we have a conversation around setting up Pay Day Super. 

 

We currently conduct pays fortnightly, report STP fortnightly (as you should) but pay super quarterly.

 

Also worth noting, we don't pay from Myob (meaning the bank accounts are not linked), we generate pays in myob and manually pay our employees via bank transfers. Noting we're a small team this works for us.   

 

Do we have to sign up for PaySuper and link our bank account? Or,

Can we continue manually paying to a clearing house each pay?

 

Thanks. 

3 Replies

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    1 month ago

    Hi agb55,

     

    Totally get why all the Payday Super talk has you rethinking how you do super.

    You don’t have to hook it into MYOB or use Pay Super if you don’t want to; you can keep running pays in MYOB and paying super the way you do now through your bank or clearing house. From 1 July 2026, the only real change is timing: you’ll need to pay super each pay run and make sure it hits the fund within 7 business days.

     

    Regards,

    GEnreve 

  • agb55's avatar
    agb55
    Contributing User
    1 month ago

    Thank you for your prompt response.  I also wanted to start implementing earlier then 1 July 2026 actually as soon as next month, but now that I think about it, maybe it's best to hold off until closer to July to free up my time.  I'm wondering if other employers have started to make this change earlier or waiting until closer to July. 

  • KateAE's avatar
    KateAE
    Member
    1 month ago

    Hi, Our business is a similar situation. We will process the last quarterly payment (for Jan to Mar) in April through the ATO Small Business Super Clearing House, but decided to implement payday super process from 1 Apr so that we don't have another lump sum for the Apr to Jun quarter. 

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