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Wooley's avatar
Wooley
Contributing Cover User
25 days ago

Payday Super

We currently have 3 separate company files (3 separate entities paying employees) working through one main company and cheque account.

 

Any suggestions on how to set up payday super? 

1 Reply

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator
    24 days ago

    Hi Wooley,

     

    Thanks for reaching out. Because you’ve got three separate entities all paying staff through one main company and bank account, the best way to set up Pay Super can get a bit complex and really depends on how your businesses are structured for tax and compliance. For that reason, we’re not able to advise on the “best” setup from an accounting/compliance point of view. I’d really recommend having a chat with your accountant or adviser so they can tell you how they want this handled.

     

    Regards,

    Sai