Forum Discussion

Learoy's avatar
Learoy
Trusted Cover User
2 years ago
Solved

SMSF new Clearing House

We use MYOB Accountright and one of our employees has changed over to a SMSF.   When I went to update their payroll details it appears that I have to sign up to Pay Super & use MYOB's super clearin...
  • Doreen_P's avatar
    Doreen_P
    2 years ago

    Hi, Learoy 

     

    Thanks for your response.

     

    Using MYOB's clearing house is just an option. You can still use a different clearing house of your choice. However, in order to create a Self-Managed Super Fund within the system, you may need to sign up to Pay Super. In addition to that, without using the Pay Super service a Self-Managed Super Fund cannot be created as part of software limitation.

     

    If you will be using a different clearing house, make sure that when you create the Self-Managed Super Fund, please do not tick the box that says "Pay directly from AccountRight". 

     

    Please let me know if you require any further assistance with this.

     

    Best regards,

    Doreen

Doreen_P's avatar
Doreen_P
MYOB Moderator
2 years ago

Hi, Learoy 

 

Thanks for your response.

 

Using MYOB's clearing house is just an option. You can still use a different clearing house of your choice. However, in order to create a Self-Managed Super Fund within the system, you may need to sign up to Pay Super. In addition to that, without using the Pay Super service a Self-Managed Super Fund cannot be created as part of software limitation.

 

If you will be using a different clearing house, make sure that when you create the Self-Managed Super Fund, please do not tick the box that says "Pay directly from AccountRight". 

 

Please let me know if you require any further assistance with this.

 

Best regards,

Doreen

Learoy's avatar
Learoy
Trusted Cover User
2 years ago

Hi Doreen,

 

Thank you so much for your help & the explanation. Now that I understand that I can still process all our employees the same way is a big help. 

 

Thanks again.

Learoy

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