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A1Signs1's avatar
11 months ago
Solved

Employer Additional Superannuation

Hi,

We have paid an employee an additional super amount into his super fund and in myob accountright we have allocated it as employer additional 6-2220 Suparannuation which shows -$5,000 and then the next line reads employer additional 2-1430 suparannuation payable $5,000.

Should both transactions go to the same catergory.

  • Hi, A1Signs1 

     

    Thanks for your post, and Welcome to the MYOB Community Forum.

     

    As per checking, both transactions will go to the same category since Super has the linked expense account and the payable account. The negative figures would be the linked expense account and the positive figure is for the payable account. When payslips are ready, the negative figure will not show up only the positive. 

     

    Please let me know if you require any further assistance with this. We are happy to assist.

     

    Best regards,

    Doreen

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  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator

    Hi, A1Signs1 

     

    Thanks for your post, and Welcome to the MYOB Community Forum.

     

    As per checking, both transactions will go to the same category since Super has the linked expense account and the payable account. The negative figures would be the linked expense account and the positive figure is for the payable account. When payslips are ready, the negative figure will not show up only the positive. 

     

    Please let me know if you require any further assistance with this. We are happy to assist.

     

    Best regards,

    Doreen

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator

    Hi, A1Signs1 

     

    Kindly let us know if you require further assistance with your issue. Please reach out to us, we are happy to assist.

     

    Best regards,

    Doreen