Forum Discussion

Paula1's avatar
Paula1
Contributing User
1 month ago

Paying Voluntary Super

I started using the Pay Super on 1st July but I am trying to find out how I pay a voluntary super contribution (not salary sacrifice ) as it is not included in my weekly payment that is processed from MYOB.

Any help would be appreciated :)

7 Replies

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    1 month ago

    Hi Paula1,

     

    Thanks for reaching out. Because this type of contribution can vary depending on how it needs to be treated for the employee, it’s best to check with or speak to your accountant so they can guide you on the right setup. Hopefully some of our other members here can also share how they’ve handled a similar situation.

     

    Cheers,

    Princess

  • Paula1's avatar
    Paula1
    Contributing User
    24 days ago

    I have spoken to my accountant and he is not able to help me, 

    It is a voluntary contribution made by the employee after tax and I need to link it to be payable with the 

    superannuation guarantee weekly payments through MYOB?

    Any help please :)

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    24 days ago

    Hi Paula1,

     

    Sure, I can help with that. I can provide a guide on how to set up payroll categories like Superannuation Guarantee in MYOB. If this is a voluntary super contribution made by the employee after tax, it will usually need to be set up as an employee additional super deduction. You can also check this guide for more info.

     

    Cheers,

    Princess

  • Paula1's avatar
    Paula1
    Contributing User
    22 days ago

    hello, 

    Can you please confirm for me that I have to pay voluntary contributions manually to the employees super fund and not through Pay Super?

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    22 days ago

    Hi Paula1,

     

    It’s totally up to you, you can pay through Pay Super or make the payment directly to their super fund. Either way, the choice is yours on where you make the payment from.

     

    Cheers,

    Princess

  • Paula1's avatar
    Paula1
    Contributing User
    22 days ago

    Okay, so getting back to my original question how do I link the voluntary contribution which I have set up as a liability account to be paid through Pay Super ?

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    18 days ago

    Hi Paula1,

     

    Thanks for getting back to me. You don’t link the liability account to Pay Super directly. Usually, once you’ve set up your voluntary super contribution pay item, you link it to your superannuation liability account instead. You can find more info on how to set this up here. If you need a hand with the setup, you can also reach out to our team directly through live chat with our virtual assistant MOCA, or use one of the support options on our website.

     

    Cheers,

    Princess