Over Christmas period I do payroll in advance as I have only salary employees. With the current Payday Super setup in MYOB, super will be paid before staff get paid! There is currently no option to...
Hoping someone can help answer my question....
We are a small business of only 2 employees. We pay ourselves weekly as scheduled payments to our bank account, however I process the pays and pay the super through AccountRight monthly (end of month) every month. Do I need to change my processes and start processing the pay and paying the super weekly? Am hoping not :(
I thought the same, as we were paying super quarterly.
However, I've been practicing for the last 3 fortnights and it's so easy. I was impressed.
But the date for super payment can't be authorized in advance. They sweep the money from your account the day authorized, not the day you specify.
This makes it awkward when on holidays. Out of town. etc.
MYOB need to fix this.
I wholeheartedly agree with you.
I've been using Pay Super for some time now and yes it's easy.
It's more the issue of logging in every payday and processing the pay/Super.
I also worry about taking personal/sick leave - with only one person doing the pay and super processing - it's really inflexible.
In relation to holidays etc - I don't think accountants are going to appreciate us small businesses nominating them to do it as our backups :(