Pay Super – Future-Dated Payments and Bank Feed/Reconciliation Issue

I would like to raise again the issue of future-dating Pay Super payments when payroll is processed in advance.

For example, I processed payroll on Wednesday 30 September, with a payroll payment date of Friday 2 October. This allows sufficient time for the bank file to be authorised and ensures employees are paid on the correct date.

However, when Pay Super was processed at the same time, MYOB direct debited the superannuation payment from the bank account immediately on 30 September, rather than allowing the super payment to be scheduled for 2 October to align with the payroll payment date.

The same issue arises when payroll is processed in advance due to annual leave, public holidays or office closures. Payroll can be future-dated appropriately, but Pay Super cannot.

For a business with only a small number of employees this can be managed, but I imagine it becomes considerably more problematic for employers processing larger payrolls.

There is also a second issue affecting bank reconciliation. As at 30 September:

• the Pay Super amount has been physically debited from the bank account;
• the transaction is not appearing in the MYOB bank feed; and
• under Payroll > Manage Payments, the super payment is still showing as “Processing payment” rather than completed.

This leaves the bank account unable to be properly reconciled at month end, despite the funds having already left the account.

I previously voted for a similar suggestion on a post re future-dated Pay Super, but I haven't seen any update.

Could MYOB or anyone advise:

1. Is the ability to schedule/future-date Pay Super payments on the horizon, and if so, is there an expected timeframe?
2. Where a Pay Super amount has already been direct debited from the bank, why does the payment remain in Processing Payment status and not appear in the bank feed? Is there a normal processing delay before MYOB marks the payment as completed and makes it available for reconciliation?

The ability to align the payroll payment date and super payment date would make processing payroll in advance considerably cleaner and avoid unnecessary month-end reconciliation issues.

thanks.

LC