Forum Discussion

sueoptom's avatar
sueoptom
Experienced User
2 months ago

Paying Super that has been reported in another account

Hi, I had to close a previous MYOB account and reopen a new one in Myob Business. Prior to this I recorded a Super payment to the ATO, but hadn't paid the employee.  How can I now pay this Super pay...
sueoptom's avatar
sueoptom
Experienced User

Hi Genreve, The Super is part of last financial year (June payment) and was recorded to ATO in the last subscription.  It is sitting in the trial balance for the new subscription as a Superannuation Liability. 

The payment needs to be paid now though through the new subscription and I cant get access to the super account to transfer the funds.  My accountant doesn't know.  Any ideas on what I can do?

Princess_R's avatar
Princess_R
MYOB Moderator
2 months ago

Hi sueoptom,

 

Thanks for your response. Handling unpaid super payments from a closed financial year can be tricky, and getting advice from an accountant is needed. However, I can suggest a couple of options to manage this:

  • You can create a new pay run specifically for the super payments. Make sure not to report this to the ATO. This will generate the super payments for you to process in the Pay Superannuation screen.
  • Alternatively, you could handle it with a Spend Money transaction.

Feel free to reach out if there's anything else I can help you with.

 

Cheers.
Princess

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