Forum Discussion

debm's avatar
debm
Trusted Cover User
2 years ago
Solved

Negative superannuation payment

I am using AccountRight Premier V19.16 and am balancing end of year figures.  I have discovered that there is a negative superannuation amount for two employees from Oct 2021.  This was due to a pay ...
  • SamaraM's avatar
    SamaraM
    2 years ago

    Hi debm 

     

    If you reverse or create a void pay with a negative value for super, it will show on Pay Liabilities but will not factor on the Pay Superannuation window.

     

    As the adjustment was a reversal of another payrun, you could record a pay liabilities transaction and set the date range for the exact date range of the individual pay and reversal.

     

    As the reversal will offset the original payment, this will show as $0 in the pay liabilities window, which you can then record and then will not come up in the pay super window to be paid.

     

    Hope that helps.


    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

Liz_A's avatar
Liz_A
Valued User

Hi debm 

 

Just a suggestion. Try using the Pay Liabilities for Liability Type - Superannuation, and date from 1/10/21 to current and see if the negative and positive liabilities are there. If so, you can offset these against each other and pay the nett amount to super.

 

Cheers

Liz

debm's avatar
debm
Trusted Cover User
2 years ago

And I should also mention that the postive amounts aren't there because they were included in the Oct payment to the clearing house

  • SamaraM's avatar
    SamaraM
    Former Staff
    2 years ago

    Hi debm 

     

    Am I correct in understanding that you have done an overpayment and you are doing a negative pay as an adjustment?

     

    To do this you would create a new pay run for the last day of the month and enter wage and entitlement amounts as 0, and put the negative amount of super that was overpaid in the superannuation row. 

     

    The detailed steps on how to do this are mentioned in this Help Article: Checking and adjusting superannuation: Fixing incorrect super calculations from previous months.

     

    Hope that helps.

     

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

    • debm's avatar
      debm
      Trusted Cover User
      2 years ago

      Hi Samara,

       

      Yes I did an overpayment but have reversed it.  The problem is that I can't get that negative transaction to be picked up when I use the pay super function and so have paid two amounts instead of one. eg. MYOB has picked up the original super amount of $144 and the amended amount $156 but not the reversal amount of -$144 so I have overpaid the amount of super into the employee's super fund.  The negative amount is still sitting in pay liabilities but I don't know how to get it to be picked up when I use the pay super function so the amount comes off the employees balance due.

       

      Is there a way to do this?

      • SamaraM's avatar
        SamaraM
        Former Staff
        2 years ago

        Hi debm 

         

        If you reverse or create a void pay with a negative value for super, it will show on Pay Liabilities but will not factor on the Pay Superannuation window.

         

        As the adjustment was a reversal of another payrun, you could record a pay liabilities transaction and set the date range for the exact date range of the individual pay and reversal.

         

        As the reversal will offset the original payment, this will show as $0 in the pay liabilities window, which you can then record and then will not come up in the pay super window to be paid.

         

        Hope that helps.


        If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.