Forum Discussion

XX's avatar
XX
2 years ago

SMSF - ABN for fund is invalid

Hi There,

 

I have an employee who has a SMSF who had let their ATO reporting slip and their fund status (Under Super Fund Lookup) was "Regulation details removed" and I was getting the error in MYOB  "The ABN for this employees fund is invalid".

 

The fund has since caught up on their reporting  & fund status under super fund lookup is now "Complying" and has been so for 3 weeks.

 

Even though the status is now "Complying" - I am still getting the error "The ABN for this employees fund is invalid".

 

How often does Accountright/MYOB update these status's or is there a way I can manually force this to get the latest status for this SMSF so I can process this through the Pay Superfund in the payroll section.

 

Thanks in advance.

 

S

 

 

  • Earl_HD's avatar
    Earl_HD
    2 years ago

    Hi XX 

    Thank you so much for your post and Welcome to the Community Forum! I'd recommend to re-create the superfund and relink the employee to the created SMSF.

    Note: make sure to enter the correct information of the SMSF

    Please do let me know how you go on this.
    Regards,
    Earl

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 years ago

    Hi XX 

    Thank you so much for your post and Welcome to the Community Forum! I'd recommend to re-create the superfund and relink the employee to the created SMSF.

    Note: make sure to enter the correct information of the SMSF

    Please do let me know how you go on this.
    Regards,
    Earl

    • XX's avatar
      XX
      2 years ago

      Hi Earl,

       

      Thank you very much for your suggestion - worked perfectly.

       

      Kind Regards

       

      S

      • Earl_HD's avatar
        Earl_HD
        MYOB Moderator
        2 years ago

        Hi XX 

        You're very welcome. Feel free to post again, we're happy to help.

        Cheers,
        Earl

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.