Forum Discussion

WLN's avatar
WLN
Contributing User
1 month ago

Super Clearing House Payments not showing in employees fund

First payment was made las Monday into Aware Super, it was authorised and it shows in MYOB as being paid and marked as successful in myob. The money has been withdrawn from our Bank the same day, but there is no payment in Aware super under the member, it's now been a week. Aware super can't check and said only MYOB can look into it. How do we know where funds are and that it is correct prior to making the next lot of payments today

4 Replies

  • KathyGibbons's avatar
    KathyGibbons
    Experienced User
    1 month ago

    Same here, though multiple different super funds have not received their monies.  Processed on 3/7/26, monies out of the account the same day.  How are we supposed to be compliant when MYOB are not passing on the funds?

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    1 month ago

    Hi all,

     

    Thanks for laying that out, and it’s completely understandable to want to know exactly where things are at before sending the next batch. As for super payments, MYOB doesn’t receive or hold the funds in this process. The clearing house debits the payment and then sends it on to the super funds. If the super payment was authorised on payday before the 4pm AET direct debit cut-off, the standard timing is:

     

    • 3–5 business days through the clearing house.
    • Plus the fund’s 3-day allocation window.

    After the money has left the bank account, there can still be a little more travel time before it appears under the member in the super fund. You can also check this Community Forum thread for a more detailed breakdown of the payment timeframes. If the payment still hasn’t reached the fund after that timeframe, you can reach out to our support team via the Contact Us page so they can check what’s going on with the payment.

     

    Cheers,

    Doreen

  • WLN's avatar
    WLN
    Contributing User
    1 month ago

    Paying out at 10.30am on Monday Morning, funds leave bank straight away, and 7 days later still not showing. 

    First one appeared in the Super Fund at the following Monday after lunch.

    Last Monday's payments, still not showing in fund and again tomorrow will be day 7. 

    Companies are being told to be compliant, we are doing it, and using MYOB service to do it, but someone is holding funds for all that time?

    3 days for allocation, ok fair enough, but two weeks in a row and it's clearly 7 days

  • We have now made several payments via MYOB Super and all take over 7 days to reach the employees super funds. This is not good enough. Besides this meaning we are now breaking the law, somone is making a lot of money holding funds for so many days. We are using MYOB so MYOB can't deflecting responsibility.