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AerotorPL's avatar
AerotorPL
Contributing Cover User
4 years ago

Superannuation deceased estate

I have made a lump sum payment to a deceased estate. ( Long service payment, unused annual leave and superannuation). My question is how do I record in MYOB the superannuatuion  payments paid in the payment to the estate. (The superannuation fund returned a payment made after employee was deceased).

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  • LRBooks61's avatar
    LRBooks61
    Ultimate Cover User
    4 years ago

    How did you record the returned payment?

    I would record the payment if super to the estate against the same general ledger code you used for the returned payment 

     

    eg I would have coded it to superannuation liability when it returned and against super liability when paid to the estate under their supplier name

     

    hope that helps 

     

    lisa