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BChris's avatar
BChris
Member
21 days ago

payDay Super - NPP or OSKO

Hi Everyone, we are looking to prepare for the same day super requirements, at the moment it take about 5 business days for payments to land in the funds (depending on the fund). I am concerned this is not enough time. On the ATO site is says using NPP could result in super in the employees fund on the same day, which would give much more buffer.  Has anyone managed to set up NPP or OSKO payments through MYOB AccountRight? does MYOB AccountRight (desktop) have this feature ability? 

superannuation

2 Replies

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    20 days ago

    Hi BChris,

     

    Love that you’re thinking ahead about Payday Super and timing. MYOB doesn’t have a feature to set up NPP or Osko for super payments. Super paid through MYOB still goes via the standard clearing-house style process, so timing depends on bank and fund processing. You can check out this link on how to make superannuation payments for the current workflow and expected timeframes. If NPP/Osko support is something you’d like to see, it’s a great one to post on the AccountRight Ideas Exchange board so the team can see the demand from users like you.

     

    Cheers,

    Doreen

  • BChris's avatar
    BChris
    Member
    20 days ago

    Thank you Doreen - I have added to the ideas, this would be very helpful

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