Forum Discussion

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
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

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.