Forum Discussion

OlgaD's avatar
OlgaD
Contributing User
14 days ago
Solved

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.

2 Replies

  • payrollers's avatar
    payrollers
    Trusted Cover User
    14 days ago

    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.

  • OlgaD's avatar
    OlgaD
    Contributing User
    14 days ago

    Thank you. I just found a thread posted 2 years ago, that suggested that very thing.
    Yep, that was the problem.