Hi Everyone,
Thanks for reaching out, and I completely understand why you'd want a bit more clarity around this. After you authorise a super payment, MYOB doesn’t hold the funds. The payment is debited by the clearing house, and from there the clearing house sends the payment on to the employee super funds. If the payment is authorised on payday before the 4pm AET direct debit cut-off, the usual processing time is around 3 to 5 business days through the clearing house. After that, the receiving fund may take up to another 3 days to allocate the payment to the employee account.
Because of that, a status like “Payment Processing” or “Processing Payment” for a few days can still be normal while the payment moves through that process. This is part of a wider industry change, and processing timeframes are expected to improve across funds, clearing houses and software providers as Payday Super changes roll out. Also, some funds currently still have a longer allocation window, although this is reducing to 3 days from 1 July. The main thing on the employer side is to authorise the payment as close to payday as possible, because delays are more likely to cause issues when authorisation is held up. If a payment has gone past the normal processing window, reach out to our live chat support through our virtual assistant, MOCA, or submit a case via My Account so we can look into that specific transaction for you. For your reference, you can also view the info here: Why does MYOB Pay Super take so long?
And Winsom1,
I totally understand why you’re frustrated, especially after all the follow-ups and the time you’ve already spent chasing this.
For this one, the best next step is to reach out directly to our support team so they can check the verification status for your super administrators and help move things along.
Regards,
Sai