Clear out super payments

Hi Carmen,

Thanks very much for the update.  I am sorry to hear that Business Pro does not allow for that.  As I was typing my reply out, I did wonder if it was not going to work for Business Pro, as per Jessica's original comment, but I was half there so decided to continue in case it helped somebody out :) 

I very much appreciate your reply to let me/others know.  

Merry Christmas

Hi Lisa, Thank you for this explanation. We only use MYOB to prepare pay runs & submit to ATO then we pay outside of the system, our bank accounts are not linked to MYOB so the bank account has never been reconciled. (We use a different system for our accounting). I would like to bring our Super liability account to $0.00 as of 01/04 so I can start to use MYOB to pay Super. Can I just Pay Liabilities as you describe above but just use the bank account and then I don't need to do the reverse journal? Thanks in advance. 

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.