Payday Super for SMSF
How do you delete a SMSF or even edit? I have entered the wrong ESA?
Forum Discussion
Hi FWAAmanda,
You’re right, once an SMSF is saved, you can’t edit the ESA on that record. If the ESA is wrong, the fix is to stop using that SMSF and set up a new one.
To fix it:
- Create a new SMSF with the correct ESA
- Go to your super fund list (Superannuation funds).
- Click New / Create super fund.
- Choose a self-managed super fund (SMSF).
- Enter the SMSF ABN (name will fill in), then enter the correct ESA, BSB, and account number.
- Save.
- Move the employee to the new SMSF
- Open the employee.
- Go to their superannuation details.
- Change the fund to the new SMSF you just created.
- Save.
You don’t need to delete the old SMSF; just make sure no employees are linked to it and only use the new one going forward.
More detail on SMSFs is here if you need it:
https://www.myob.com/au/support/myob-business/payroll/superannuation/set-up-superannuation-funds
Regards,
Genreve
