Reconciling your MYOB Pay Superannuation
As promised in my previous blog post, here are some additional tips on how to reconcile your super.
MYOB Pay Superannuation has made it easier for...
Updated 8 years ago
Version 3.0
Blog Post
Renee,
Lots of detail - well done.
The reconciling to the Balance Sheet and Profit and Loss is paramount.
I use the Payroll Activity Summary Report Instead of the Payroll Register Summary.
What are the differences?
In some instances for my clients, I take up the Directors Salary monthly (most months) by Journal Entry.
The credit is to the loan account.
I need to amend the Payroll Activity Summary Report by hand.
What are your thoughts on this.
I also have separate Super Expense ledgers for Staff and the Director.
I currently use the Contribution Reports using Employer Online with the Super Funds.
Duncan