SMSF new Clearing House

Hi, Learoy 

Thanks for your prompt response. 

Thank you for providing the screenshots. When creating a Self-Managed Super Fund and you will be using a different clearing house, you can only enter the name of the super fund and not the other details such as ESA and Bank account number. This is only required if you will be paying directly from AccountRight. In this case, kindly go to Lists > Select Superannuation Funds > Click New > Untick "Pay directly from AccountRight" and then enter the super fund name > Hit OK. Once added, kindly go to Card File > Cards List > Employee tab and select the employee name > Payroll details > Superannuation > From the drop-down, please select the Self-Managed Super Fund added then enter the employee membership number > Hit OK. 

Please let me know how it goes.

Best regards,

Doreen

Hi, Learoy 

Thanks for your post.

If a Self Managed Super Fund needs to be set up, you may need to sign up to Pay Super so that the option to create a Self Managed Super Fund will be available. To do this, kindly check The Help Article Set up superannuation funds for more information.

Please let us know if you require any further assistance with this.

Best regards,

Doreen

Hi Doreen,

Thank you for your reply.

Why should we have to use MYOB's clearing house ?

The rest of our employees will go through our normal process via our bank and the ATO SBCH. Even those who have a SMSF. 

Regards,

Learoy

Hi Doreen,

Thank you so much for your help & the explanation. Now that I understand that I can still process all our employees the same way is a big help. 

Thanks again.

Learoy

Hi Doreen,

I have just tried to enter the new SMSF for our employee and I can enter all the information, but as soon as I untick the "Pay directly from AccountRight" all the information I just entered is lost. 

It appears that I have to leave "Pay directly from AccountRight" ticked. Which is not want I want to do.

What should I try now?

Regards

Learoy

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Doreen_P wrote:

Hi, Learoy 

 

Thanks for your response.

 

Using MYOB's clearing house is just an option. You can still use a different clearing house of your choice. However, in order to create a Self-Managed Super Fund within the system, you may need to sign up to Pay Super. In addition to that, without using the Pay Super service a Self-Managed Super Fund cannot be created as part of software limitation.

 

If you will be using a different clearing house, make sure that when you create the Self-Managed Super Fund, please do not tick the box that says "Pay directly from AccountRight". 

 

Please let me know if you require any further assistance with this.

 

Best regards,

Doreen

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Hi, Learoy 

Thanks for getting back to us. 

Kindly untick first the "Pay directly from AccountRight" before entering the necessary details. Please let me know how it goes.

Best regards,

Doreen

Hi Doreen,

If I untick the "Pay directly from AccountRight" first I can't enter any details.

Regards,

Learoy

Hi, Learoy 

Thanks for updating us.

When creating a new Self-Managed Super Fund, make sure to create one by going to Lists > Superannuation Funds > Click New. From the Superannuation Fund Information window, make sure to select Self-Managed as the Type. And if you will not be paying directly from AccountRight, make sure to untick the box. This way, it should still allow you to edit the details. For further information, kindly check The Help Article: Set up superannuation funds.

Please let us know how it goes.

Best regards,

Doreen

Hi Doreen,

I have tried to enter the details from the Lists and from the employees card file but keep getting the same problem. If the "Pay directly from AccountRight" is unticked, I can not enter the SMSF details.

Please see the attached screen shots.