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Bombergirl2000's avatar
Bombergirl2000
Experienced User
4 years ago
Solved

Superannuation

Hi I have a quick question. When MYOB calculates superannuation for the month, is that according to the pay date? Our next pay period is 26/7/21-1/8/21, pay date 2/8/21. Will this pay be in Augus...
  • Steven_M's avatar
    Steven_M
    4 years ago

    Hi Bombergirl2000 

     

    For calculation, recording, and reporting the system will use the payment date of the transaction.


    With your example, the payment date is 02/08/2021 as such this would be treated as part of August for superannuation calculations, recording and reporting.

Steven_M's avatar
Steven_M
Former Staff
4 years ago

Hi Bombergirl2000 

 

For calculation, recording, and reporting the system will use the payment date of the transaction.


With your example, the payment date is 02/08/2021 as such this would be treated as part of August for superannuation calculations, recording and reporting.

Bombergirl2000's avatar
Bombergirl2000
Experienced User
4 years ago

Thanks very much for your quick response.

I thought this was the answer, just wanted to double check.

Thanks again, Paula

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