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

Oh wow! Thanks so much for typing all of that out, it must have taken you a while. This is a great solution for Accountright but is not available in Business Pro. 

Hi jessicahammat​ and carmengordon​,

I think I have found a work-around.  Please find it listed below.  

1. Reports > Accounts > General Ledger [Summary] - save a copy of this report to reference the true balances of your Superannuation Liability account and Suspense Account as per steps coming up to ensure all figures go back to the expected.  I dated mine from the current financial year start, to current day and chose for all accounts.    
2. Payroll > Pay Liabilities > Liability Type - Superannuation >
• Dated FROM: as far back as you can. 
• Dated TO: DO NOT include any dates that you plan to pay using MYOB's Pay Superannuation function.  So do not date to current day for example. 
• Keep in mind that how far back you can go will be dependent on what year you have rolled over etc.
3. Choose the select all tick, which is likely to result in a fairly large amount.  Note this amount down.
4. Pay from Account - it would be my suggestion to use a cash drawer/suspense account for this transaction. 
• The reason for this, is that all these payments have previously been paid via SBSCH via the ATO and will have already been reconciled in your bank account. 
• We are simply tricking the system into clearing these out of the "Pay Superannuation" section.
• We are going to reverse this entry in the next step
5. Enter a logical Memo
• I annotated as - Clear Pay Superannuation as paid via SBSCH
6. Record the above "Pay Liability" as today's date
7. If you have a LOT of data, which I did, you might find the application times out. 
• I decided to do it FY by FY which took more time, but allowed the system not to time out
• If doing FY by FY, be sure to check that the Pay From Account and Annotation is correctly chosen each time
• All these FY amounts will still add to your previously noted down TOTAL amount
8.  Then you will need to complete a Journal Entry to reverse these out.  Mine was DR Cash Drawer and CR Superannuation Liability account
9. I then re-ran the General Ledger [Summary] and saved these with the financials in case any future questions arise from this action

I hope this helps. 

I have many clients I am signing up to pay super that have been using SBSCH for the last 4-5 YEARS! I dont want them paying super twice and cannot trust them to be diligent with payments. We need this urgently. 

Hey Najjie​ 

We don't have any immediate plans for this on the roadmap coming up for MYOB Business. The post has been updated to open for other members of the community to vote and add weight to, our feedback loop ensures the product teams are able to see incoming posts, votes and comments helping shape future priorities. 

Hi Amanda AmandaMYOB​ ,

Can you advise if this is still in the works please. In the meantime do you know how to clear super liabilities from MYOB that have been paid through the SGC payments to the ATO? 

Hoping you can help please! :)

Thankyou!

Najjie

Why can't there be a button to mark as paid. It can't be difficult to add this option. 

Hey jessicahammat

This is being updated due to low engagement (comments & votes) in the last 6 months. Please be advised that the idea has still been added to our developer backlog, but it will have less traction getting prioritised without more votes. A further review will happen in another 6 months where we will either close or re-open this idea based on the number of votes accumulated in that time.

Hey jessicahammat

Thanks for your idea! We'll be sharing this one with our product teams and have updated the status to open for other members of our community to vote and add weight to your idea.