Forum Discussion

macfesto's avatar
macfesto
Experienced Cover User
17 days ago

Self Managed Super Funds

Myob no longer accept payments to Self Managed Superfunds through there pay superannuation. How do i then clear the super for the quarter thats sitting in the pay super?

 

6 Replies

  • Wynn's avatar
    Wynn
    Experienced Cover User
    12 days ago

    Hi Macfesto, Instead of paying through the "Pay Super" icon, can you pay them through the "Pay Liabilities" icon option?

  • Wynn's avatar
    Wynn
    Experienced Cover User
    17 days ago

    I don't use MYOB Super but was wondering if it would be good, now that we're transitioning to the new One Touch Super. But we also have employee's with SMSF's so wonder how this would work.

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    16 days ago

    Hi macfesto and  Wynn,

     

    That doesn’t sound quite right, can I ask where you saw that info? MYOB Pay Super can still support SMSFs, as long as the fund details are set up correctly and SuperStream compliant.

     

    Wynn, you can check out this link for how Pay Super works in MYOB, and I’d also recommend giving the Payday Super article a read when you have a moment. It’s packed with handy details, a Q&A section, and step-by-step guidance on the upcoming changes so you can stay in the good books with both your employees and the ATO.

     

    Cheers,

    Princess

  • Wynn's avatar
    Wynn
    Experienced Cover User
    16 days ago

    Hi Princess. I've looked in the MYOB site online to find this info and repeatedly got the really basic info for beginners to learn how to use MYOB. I don't know why this more detailed info is not somewhere near the home page and the MYOB Academy. I got a bit sick of seeing videos that are so basic, when looking for more depth. 

  • Wynn's avatar
    Wynn
    Experienced Cover User
    12 days ago

    Thanks for the links Princess. I couldn't find the info without the links. The search function just would not come up with those "articles".

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    12 days ago

    Hi Wynn,

    Apologies for that, here are the links to the articles mentioned above: 
     
    Set up Pay Super - https://www.myob.com/au/support/myob-business/payroll/superannuation/set-up-pay-super?srsltid=AfmBOoqw5Qai6Tf5r58s_pW8EgOMIAKCkhDf9UxsPRqDXAICzAAXf4kG&productview=Browser


    Payday Super: A complete small business guide - https://www.myob.com/au/resources/guides/payroll/payday-super?srsltid=AfmBOopTnfHaD9jDDdnuqdEQNu1n2uKTONbtzu8o1TdiJwZmXoYzyHCv

    Regards, 
    Earl