SMSF and Payday Super
We have an SMSF. I have set it up for super payments, however the first payment made has bounced back. We have not received any notification as to why. ESA is recorded as is ABN. NB: on other posts, it mentioned not having spaces in the ABN: this is not an option-MYOB will not allow the input of the ABN without spaces! The set-up has been completed as follows:
Type: SMSF selected
ABN: input-with spaces as per what MYOB is allowing
Fund Name: populated without a problem
Name: same as Fund name
ESA: wrkrSMSF selected (correct ESA)
BSB: xxx-xxx
Account: entered with no dashes or spaces
Phone: nothing input
website: nothing input
Pay using PaySuper: selected
If you can see something I'm missing here, input would be appreciated. I'd like to reprocess this: lucky it's not an employee's fund, only the Directors.
