Payday Super payment timing

This totally needs to be rectified ASAP. I process pays on 4 days out of the 5 for clients, meaning I have holidays over Christmas break three weeks, still have log in each day and process the pays, so super can be paid on time and not effect cash flow and be within ATO require timeframe. Myob you need to rethink this. 

This is definitely an issue that you cannot determine the day the superannuation is to be paid similar to the payment of payroll. This will impact with any pre processing of payroll and superannuation for periods such as Christmas closures etc. We have recently had the issue that our bank reconciliations are incorrect due to the super being paid immediately before the end of the month and the date of the payroll is later and even though the pay super has been processed it is dated the day that the wages were to be paid. I would have expected that the date the money is deducted from the bank in this process should reflect in MYOB accurately. Not happy.  

Given that it takes around 5-6 days for a Super payment to hit the employee account it is prudent to pay them early rather than waiting until the actual pay day. If you don't pay early you run the risk of not complying with the Pay Day Super limit of 7 business days.

ChrisS24, I agree the need to schedule super payments is essential, please add your support to this:

https://community.myob.com/idea/myob-business-ideasexchange/payday-super---being-able-to-choose-date-of-payment/910892

Thank you but it does seem a big chaotic that you cannot schedule the super payments, rather than having to manually do this every week.