Currently there is no way to clear out super payments from Pay Super that have been made through SGC statements (ATO). It's my understanding that this can be done in Account Right, but not Business P...
Hi TheRousk I think steps up to 7 still apply, but instead of choosing cash drawer/suspense account, you would use bank. I still think you need to do the journal entry as per step 8, but again yours would be to bank.
BUT I would check between steps 7 and 8 by running a General Ledger [Summary] or viewing your accounts list, that the Superannuation Liability account is now back to zero (or whatever amount it "should" be - i.e. amounts currently payable for Super).
I am just struggling to confidently say you will/will not need to do the reversing entry. But as you said, if your bank account is not used/reconciled in MYOB, then you can use this account as you please.
Let me know if you have success?
Thank you so much, I am still doing it FY by FY but it seems to be working well, super liability account heading towards zero. Doesn't look like I need the reverse entry. I appreciate your help & prompt response, you are very kind to help me, enjoy your weekend.