New employee using our nominated super fund
Hi,
I have a new employee starting, and they have chosen to use our nominated super fund. As they are new to this fund they don't have a membership number. I called our Super fund, and they mentioned that all I had to do was to write "new" in the member number in MYOB and this will be accepted and they will set it up from there. Is this correct? Or should I have our employee fill out an application form prior?
Thanks
Kylie
Hi KylieZ
I assume you are using one of our SuperStream compliant methods to make super payments - Pay Superannuation or MYOB Super Portal. For that each employee needs a valid & unique employee membership number.
If the employee doesn't have a membership number, generally you can contact the nominated super fund who would advice what to enter in that field. This wouldn't work if more than 1 employee are using the same generic membership number in the same super payment. When recording Pay Super transactions, it will also verify the format of the employee membership number against the rules of the selected super fund to ensure they are validated.
So while you can certainly try using 'new' for this employee for now, I would recommend setting this employee up with a real employee membership number first to avoid possible rejections.