Forum Discussion

FAW's avatar
FAW
Experienced Cover User
6 years ago

Super Refund MYOB Entry

Hi   I was wondering if someone would please be able to help me. We usually pay Super through MYOB.  However we had a $1200 Super Payment paid to the wrong Superfund by accident (our fault).  That...
  • Neil_M's avatar
    Neil_M
    6 years ago

    Hi FAW

     

    Generally speaking, if you are dealing with a returned superannuation contribution, we recommend following the steps outlined in our help article Reversing and reprocessing superannuation payments. This article steps through how to reprocess the superannuation contribution to be able to send it out through the Pay Superannuation system.

     

    In terms of the transactions themselves, typically if the same accounts have been used in both a Spend and Receive Money then the two transactions would offset one another.

Neil_M's avatar
Neil_M
Former Staff
6 years ago

Hi FAW

 

Generally speaking, if you are dealing with a returned superannuation contribution, we recommend following the steps outlined in our help article Reversing and reprocessing superannuation payments. This article steps through how to reprocess the superannuation contribution to be able to send it out through the Pay Superannuation system.

 

In terms of the transactions themselves, typically if the same accounts have been used in both a Spend and Receive Money then the two transactions would offset one another.

  • FAW's avatar
    FAW
    Experienced Cover User
    6 years ago

    Neil_M thank you for your help.

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.