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MYOB has released a new feature within its AccountRight system to make sure SME clients are SuperStream compliant before the ATO’s deadlines hit.
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MYOB releases SuperStream feature
10 July 2014
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General manager, business division, James Scollay said the just released Pay Super feature will make the introduction of the SuperStream system simple for businesses large and small.
“To make it easier for businesses of all sizes to comply with SuperStream, MYOB has released a Pay Super feature so meeting your super obligations can form part of your regular payroll process.”
“This feature is now available in AccountRight Plus and AccountRight Premier and is in the process of being rolled out across all other MYOB payroll products.”
Mr Scollay says the benefit of MYOB’s early release of the new Pay Super feature is that employers don’t need to shop around for providers or deal individually with super funds.
“The update is free for payroll customers with their subscription, and there are no limits on the number of employees paid or the number of transactions. Pay Super replaces M-Powered Super, which has been available to desktop users of AccountRight. This is a great opportunity to upgrade to the new AccountRight.”
Mr Scollay says Pay Super has already proven extremely popular with AccountRight customers, with thousands pre-registering their interest in the feature.
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“This is just one of a number of constant updates we are introducing to make life easier for Australian business operators. That’s an incredible time saving, freeing the business operator to focus on working more productively on their business,” he said.
“If you are still managing or calculating your superannuation obligations, it’s time to take a good look at the benefits a fully integrated online accounting and payroll solution, like MYOB AccountRight, can provide for your business.”
The new feature also includes an ABN lookup tool to help manage GST reporting requirements and will be further increasing electronic submissions and productivity in the coming year.
“With every end of financial year, there’s a lot to think about for Australian business owners. Our aim is to make the process as simple, convenient and stress-free as possible,” Mr Scollay said.
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