Forum Discussion

Chomp's avatar
Chomp
Experienced Cover User
4 years ago

Super clearing house Delayed payment & processing

Hi

I have just had a call from one of the employess super fund (CBUS) stating that MYOB super clearing house has not sent through a payment made by my on 27/04, they have also recived limtied infomation about the employess super payments.

Super Choice (myob clearing house) made the deduction on 28/04 from our bank account. MYOB is still showing as Payment processing, and CBUS have no funds and limtied infomation in the file for how much each employess super has been paid.

 

What is happing with this new super clearing house? First the double payments now this, I use a clearing house and MYOB to make life eaiser ... this is not easy

 

3 Replies

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  • SamaraM's avatar
    SamaraM
    Former Staff
    4 years ago

    Hi Chomp 

     

    It usually takes around five business days for superannuation payments to be authorized, processed, and received by super funds. Depending on the time of day it was deducted on the 28th, it may also take an extra day. 

     

    I recommend checking with the fund tomorrow and if it still has not been received please send me your Serial Number, Account Name, and the employee's name in a private message, and I can check the progress for you.


    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

  • Chomp's avatar
    Chomp
    Experienced Cover User
    4 years ago

    Thanks SamaraM, however I have today recived an email from that super fund, please see below a portion of the letter - as I only use MYOB and your clearing house i'm not sure why a mistake like this can be made

    Once agian I use this to make my life easier, however this is the 2nd time with Super Clearing house has made a mistake or MYOB since Feb after the double payments

     

    Thank you for your contribution payment of $XXX.XX received at Cbus on 2 May 2022.

    Unfortunately, we are unable to allocate the payment to your employees’ accounts because we have not received sufficient information or we are unable to locate your contribution return.

    To allocate the payment to your employees’ accounts we require the following information:

    Ÿ your Employer number for the fund
    Ÿ the period of time the payment covers
    Ÿ the full name and date of birth of each of the employees for which the payment applies
    Ÿ the membership number of each of those employees
    Ÿ the number of weeks and the amount for each employee.

    Please provide us with a copy of the contribution return in relation to this payment within 10 business days from the date of this email to enable us to complete the transaction.

  • SamaraM's avatar
    SamaraM
    Former Staff
    4 years ago

    Hi Chomp 

     

    It sounds like the employee super information isn't correct in the software so I would check with CBUS which of your employees' details are different on their system to the software and update it so it all matches. 

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.