mrskatecorby
3 years agoExperienced Cover User
How to record superanuation payment that is reportable and not reportable
Hello,
As part of end of year, payments above the complulory contributions required to various employees.
3 of the employees fall into the Not reportable category (a documented policy is in place that does not allow employee to influence the contributions on their behalf). How do i record the payment for each of these employees in MYOB?
1 employee is reportable, as employee is also a Director of the company. How do i record this payment and ensure it shows on my YTD Verification Report?
Happy to answer any questions and appreicate your assistance.