Forum Discussion

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 clearing house just to enter their new fund.

I use the ATO SBCH for all other staff super funds whether they be a SMSF or not. Why do I now have to use MYOB's clearing house for one employee and continue as normal for the rest.

This makes no sense to me & is frustrating.

Regards

Learoy

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

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Learoy
Trusted Cover User
2 years ago
Hi Doreen,

Thank you so much for your help & patience with this.

I have added the details as you suggested and it appears that I will be able to continue as usual.

Kind regards & thanks,
Learoy
Princess_R
MYOB Moderator
2 years ago
Hi Learoy

Thank you for the update. We're glad to hear you have this issue resolved. Please don't hesitate to reach out to us again by starting a new post if you need help in the future. We are more than happy to assist.

Cheers,

Princess