Returned superannuation contributions
Hi MYOB We have had a super payment reject and we have followed the below instructions on how to record and reprocess... all good. just a bit confused with the last step as per below sayin...
Forum Discussion
Hi there Flinders
It's a great thing that you were able to reprocess the returned super contribution. Regarding the last step that was mentioned in the Help Article above, entering a NIL amount for all the pay items included on the pay run will prevent any entitlements from accruing. We're only doing the NIL payment if there's any adjustment, returned super, or we want to make sure that ATO receives the updated figures for your employees. Once the NIL pay run has been processed and only the super amount has been entered, it automatically shows up in the Super Payments window, allowing you to reprocess it. There will be no net payment showing as you did not process any wages on that pay run. I hope this helps! If there's any clarification or issue you need assistance with, don't hesitate to drop us a post again.
Best regards,
Doreen
Thanks Doreen
thanks for the reply but I am still unsure about the final steps.
Step 2 says complete a payroll showing a reversal of the super amount
Step 3 says complete another payroll reprocessing this super that needs to be repaid
When you then go to pay super there is a negative and positive super payment sitting there
MYOB says the below - which is basically a NIL payment - this is the part i need clarification on?
You can now pay and authorise these reprocessed super contributions, including the negative ones from the previous task, through Pay Super (Payroll menu > Super payments)
Hi MYOB still waiting on a reply for the below - we have repaid the super but we have not been able to clear out the negative super amounts from the pay super screen - how do we clear this out and match it to the money that was returned to the bank.
