Making a one off additional employer superannuation payment above the superannuation guarantee
Hi,
I have a question on some additional employer superannuation payments that we just need to make as a one-off prior to year end.
I have read the below link:
Additional superannuation contributions - MYOB AccountRight - MYOB Help Centre
But given that all other normal wages payments have already been made to the employees, should I simply process the payments through the bank to their superannuation funds and then report in the year end Reportable Employer Superannuation Contributions when finalising the pay year ??
Eg , If employee X is given $10,000 as an additional employer super contribution on top of the standard 10% superannuation guarantee that they have already received,do I simply report it per below link and pay it to their super fund?
Payment summaries: Reportable employer super - MYOB AccountRight - MYOB Help Centre
Cheers,
Steve