Self Managed super fund
I am trying to enter a new staff member with a SMSF but it doesn't want to work. When I enter the ABN the fund name is meant to come up automatically, but it doesn't. What am I doing wrong, and how do I fix it, or do I just make a BPay every month instead?
Hi RoseJM
When entering a SMSF in the Lists >> Superannuation Funds window, the type needs to be changed to Self Managed and not APRA Regulated fund. If the superfund being entered has a type of Self Managed, then as long as the ABN number is registered as a self managed fund the name of the fund should appear. If it didn’t then that could indicate that the ABN number is incorrect or that it is not registered as a self managed fund.
It might be worth double checking with the employee or the ATO over whether the ABN number they have given you is correct and registered for a self managed fund
