Processing payroll without superannuation details

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Processing payroll without superannuation details

Hi,

 

Basically, I just want to know how to handle payroll if we do not have an employees superannuation details yet. We use MYOB's Pay Super, and I understand if we process it under an old/different super fund we would have to reverse and re-process it. What happens if we process payroll without super details entered yet? Would we be able to add the super details before processing super and proceed from there?

 

Kind regards,

Tash

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Re: Processing payroll without superannuation details

Hi Tash: 

 

I think we can process payroll withouts paying super.  You can run individual payrun to pay super separately. 

 

That's what I think, but not 100% sure. 

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Re: Processing payroll without superannuation details

Hi @NatashaH @katherineAFD 

 

You can process a Pay without nominating a Super Fund or use a dummy fund such as TBA.

 

If you have the Super category ticked, it will calculate the Super, and record it in the P&L and Balance Sheet, but it won't appear in the PaySuper window. Once you add the correct Fund details, it will then appear. Remember to select the date starting on the date of the first super payment that you now need to process.

 


Regards
Ian Chait CA
Certified Consultant Melbourne
P/M 0417 479 585
Email ian@myfc.com.au

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