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Jason73's avatar
Jason73
Experienced Cover User
2 years ago
Solved

Payroll Liabilites - Super Guarantee

I have recently moved from MYOB Accountright to the online version. I use to process Super Guarentee through pay liabilites. I cannot find this in the online version. It is forcing me to set up super...
  • Julie_A_C's avatar
    Julie_A_C
    2 years ago

    hi Jason73 

     

    This is another reason I try and keep all my clients off line.  On line is good in theory but you have just brought in another variable with internet connection etc.

     

    If you have made the payment via your own means and there is no option to do the pay liability in payroll then just do a spend money and allocate it to the libaility account that the superannuation accrual goes to.

     

    You can check what the default account is by going to payroll categories>superannuation and click the arrow next to superannuation and see the linked payable account.

     

     

Jason73's avatar
Jason73
Experienced Cover User
2 years ago

Hi Julie,

 

Thanks for the response. Yes I agree with going online but we are shutting down our business and didn't want to pay $160 per month without any income for the next 12 months. Doing it the way you suggested, does the amount still show on the employees EOFY payment summaries at ATO?

Julie_A_C's avatar
Julie_A_C
Ultimate Cover User
2 years ago

hi Jason73 

 

It will do as that flows through from when you recorded the actual pay, not when it is physically paid.

 

 

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