OlgaD
14 days agoContributing User
SMSF ABN not accetped
HELP. I am trying to set up Superannuation payments through MYOB. All was going well, expect for the one SMSF. The entered details are correct. When I try to make a payment is it rejected with this message.
The ABN for this employee's fund is invalid. To fix this, create a new fund with correct details.
I deleted the fund and reentered a new one with no success.
Can anyone tell me where I am going wrong.
Please and Thank you
perhaps do a
https://superfundlookup.gov.au/
the ABN may be valid but if they are behind in their tax returns they become non-complying in the Status field, and that may be why its rejecting.
Something to follow up with the SMSF contact or employee.