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A1Signs1's avatar
A1Signs1
2 years ago

Employer Additional Superannuation

Hi, We have paid an employee an additional super amount into his super fund and in myob accountright we have allocated it as employer additional 6-2220 Suparannuation which shows -$5,000 and then th...
  • Doreen_P's avatar
    Doreen_P
    2 years ago

    Hi, A1Signs1 

     

    Thanks for your post, and Welcome to the MYOB Community Forum.

     

    As per checking, both transactions will go to the same category since Super has the linked expense account and the payable account. The negative figures would be the linked expense account and the positive figure is for the payable account. When payslips are ready, the negative figure will not show up only the positive. 

     

    Please let me know if you require any further assistance with this. We are happy to assist.

     

    Best regards,

    Doreen

Doreen_P's avatar
Doreen_P
MYOB Moderator
2 years ago

Hi, A1Signs1 

 

Thanks for your post, and Welcome to the MYOB Community Forum.

 

As per checking, both transactions will go to the same category since Super has the linked expense account and the payable account. The negative figures would be the linked expense account and the positive figure is for the payable account. When payslips are ready, the negative figure will not show up only the positive. 

 

Please let me know if you require any further assistance with this. We are happy to assist.

 

Best regards,

Doreen

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