Accountright Super is linked to Other Payroll Expenses - where do I find the setup?
Hi
I'm helping a friend fix his MYOB accountright. One thing I can't sort out is the linking account for Super. It shows as Super on the payslip and in the reports, but in the P&L it's Other Payroll Expenses. He has an expense set up for Super but it's not linked, I think the figures are imported expenses.
Just for laughs (and because my family don't get why I'm furious) - he asked me to look at it because after an import from Quick books and a lousy setup by a paid Bookkeeper, his bank account has $550,000 extra and he can't work out how to pay his Super. I've cleaned up lots of duplicate expense accounts, removed BAS payments from expenses (sometimes with GST incl in the payment!) , setup rules for super, GST coding and bank statements (he didn't understand they import automatically) and am trying to get to a point where we can start reconciling from Jul 2018 - the file has NEVER been reconciled (I will be having words with his Accountant as well). Once I have it tided up I'll pass it over to MY bookkeeper! Though I'm making him a deal that if I can get more than $1000 improvement on his 2018 tax he owes me dinner (pretty sure it's going to be lots more).
Thanks
Deb
Hi DebM2
Essentials works differently than AccountRight in that the expense accounts for super and wages are automatically linked and can't be changed. You can see these accounts by clicking on the business name and selecting Accounts List. I suspect that the name has been changed for the linked super expense account to Other Payroll Expenses and another superannuation expense account was created. You can tell which are the linked accounts by the padlock symbols.
If you are wanting to use a different expense account you would need to record general journals.
Please let me know if you need further help.
