Businesspro
2 months agoContributing User
Superannuation
If I have paid an employee super twice and doubled up, can I enter zero super in next pay run? The super has been accepted and paid.
Hi Businesspro,
Thanks for your post, and welcome to the Community Forum. Processing zero pay for the superannuation payment for the next month to rectify the overpayment made for this month isn't possible, as the superannuation payment is calculated depending on what the employee earned for the pay period. I recommend that you process a separate payment with only the super amount in it. Since you will deduct the overpayment amount, make sure to enter negative figures equivalent to the overpayment. This article will give you the steps to making a negative superannuation payment.
Please note that if the overpayment is not refunded, process a Pay Liabilities transaction for the offset. This will record a withdrawal transaction, and you'll still have the reversal transaction as a deposit. Manually reconcile these two transactions in the Reconcile Accounts window because they clear each other out. The only transaction you'll need to record is a payment liability if the amount is not refunded. Otherwise, it's all just matching transactions.
Feel free to reply if you need further help. I also recommend getting in touch through our online help center, MOCA, whenever you need immediate assistance with this.
Otherwise, if my response has answered your question, please click on "Accept as Solution" to help other users find this information.
Kind regards,
Shella
Hi Shella
Thank you for your help. As there is one overpayment of super. I'm assuming I need to ask Hesta Super to refund the amount?
This would be because I cannot put through a pay run with a zero amount for super?
The extra super payment still needs to be refunded, correct?