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Elisem's avatar
Elisem
Experienced Cover User
5 months ago

Salary sacrifice paysuper

Hi

I have set up paysuper in myob.  However, the salary sacrifice is not ticked when I go to process the super.  All the other boxes are ticked.

 I have checked and cant see anything wrong.  It appears on all the reports and is set up as a deduction under the superannuation tab.  ATO reporting tab salary sacrifice and RESC.  Linked to a liability account.. Equals dollars per pay period.  I have no limit and 0.00 for threshold.  No exemptions

Any suggestions

Appreciate any feed back.  elise murch

3 Replies

  • Elisem's avatar
    Elisem
    Experienced Cover User
    5 months ago

    Hi Earl

    thanks for this I am working my way through it all.  Getting there, its complicated

     

    However, next question re setting up paysuper.  I have an employee with smsf the name is too long how do i manage this.  Its way over the 75  characters required.  I can't seem to be able to edit the name

     

    Elise

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    5 months ago

    Hi Elisem,

     

    Thanks for the update. Awesome to hear you’re making progress. I know it’s a bit complex, but you’re definitely getting there. 

     

    Self managed funds can't be edited. Instead, you'll need to create a new self managed fund with the updated details and assign it to the applicable employees. You'll need to enter a different name in the Name field to the one use previously to be able to save the new fund.

     

    Cheers,

    Princess

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