Forum Discussion

sorina's avatar
sorina
Cover User
3 days ago
Solved

payroll was done yesterday. The bank didn't take the money out for super.

I work for 2 businesses, different ABN, different bank accounts, but the same bank (CBA). I did the payroll yesterday and the super amount was not deducted from either bank account. Any idea why?

  • sorina's avatar
    sorina
    2 days ago

    Thank you, money deducted  the next day.  Maybe a glitch at the bank.

2 Replies

  • sorina's avatar
    sorina
    Cover User
    2 days ago

    Thank you, money deducted  the next day.  Maybe a glitch at the bank.

  • Genreve_S's avatar
    Genreve_S
    MYOB Moderator
    3 days ago

    Hi @Sharon123

     

    I can see why you’d be checking this, especially as the money hasn’t come out of either business account.

     

    Running the payroll records the super amounts, but the payment still needs to be submitted through Pay Super. Could you check Payroll > Super payments in each business file and confirm the payment status?

     

    If it’s showing as Pending authorisation, it still needs to be approved. If it’s already Authorised, the direct debit can take a few business days to appear in the bank account, so it may not be withdrawn the next day.

     

    You can find more information here: Making superannuation payments

     

    Regards,
    Genreve