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Accounting Software Australia, MYOB, Quickbooks, accounts software, bookkeeping software
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MYOB – Super stopped calculating when changed from hourly to salary in Account Right v19

images/Client phoned.jpgClient called – A new trainee staff had changed the Payroll Category from Hourly to Salary – and I noticed that Super had not been calculating since. Why?

Answer – The regular Super category (SG) supplied, works on the Gross Wages amount – it works fine when using Base Hourly, but doesn’t work if using Base Salary (versions 19 and earlier). If you turn staff back to Base Hourly, you can easily get MYOB to “catch-up” the missing super for a month – the software works on monthly sections for super – so it always checks the total against the (now 9.5% from July 2014) month to date.

HOW - Simply run a pay-run, but zero out the hours and the pay should all come to zero. If super is not correct for the month (can do dates in/of the full month prior, to check also in another pay-run with zero hours) MYOB will put an amount in the super below, to balance the month. Make sure the pay amount is still zero, record, say yes to “VOID” the cheque.

For Salary, you need a new category with a set amount that is a 9.5% of the weekly Gross the staff is earning, then tick that category ON for that staff - ** ensure the SG is not ALSO ticked on – otherwise 2 lots of super will generate!

Need help? Not sure? Call for FREE 30min advice / strategy session today! Aus +61 407 361 596

and also get FREE “Avoid these GST mistakes” – There’s 18 that the Tax Office see regularly – Get them right!

Call for FREE 30min advice or click for the list for MORE articles.

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