How do i pay super liabilities with a aba file?

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  • Updated 5 years ago
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In the pay liabilities screen it does not give you an option to pay via an aba file

Any ideas?

Colin M

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Colin Matthies

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Posted 5 years ago

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Kevin V. Russell, Accredited Partner

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Colin mate pretty sure you will not be able to do this. The super funds give you a bpay method for this purpose. They are extremely inflexible when it comes to payment methods. Why haven't you signed up with the small business superannuation clearing house which is administered by the ATO? It's the easiest way to pay it. If you have more than 20 staff you should sign up for one of the industry fund clearing houses. I have used R.ES.T. Australian super and TWU Super. The banks also provide their own superannuation clearing house facilities. I have used Westpac its very good.
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Sally McIntosh, Accredited Consultant, Accredited Partner

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Hi Colin,

If you pay your liability via the method of enter bill/pay bill you will be able to use an ABA file.

When entering the bill, just select manually the liability account for super. You will get a pop up message, but just click cancel.

The downside is you can't then use the payroll liabilities report in the reports area as it will not be accurate (unless you then manually adjust your payroll liabilities without affecting accounts).

But if you don't use the report, then this will be a much easier method for you!

Kind regards,

Sally McIntosh (sally@samsolutions.com.au)

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Kevin V. Russell, Accredited Partner

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Sally in theory there is no barrier to you using electronic banking when you pay the super via Pay liabilities. You don't need to enter a bill. The difficulty is getting the bank details.
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Kevin V. Russell, Accredited Partner

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Sally pretty sure that's not right. The super funds don't hand out their bank details. At least not the industry funds with which I deal. Perhaps you can tell me if there is an alternative?
Kevin, we are also registered tax agent, yes , i am fully aware of that, this is an option
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Kevin V. Russell, Accredited Partner

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Chandra I know this. I was just questioning why anyone would want to use an aba file. It's less secure and the reporting is not as good. And its expensive.
yes, i agree. , I would adivise ATO option,first  but we like get the users know there are many option for use of aba files , We have expertie knowledge on buiing this tool.
With Quickbooks or Reckon , is that wev have lots of work around of getting thing done, which requires lots of manual processes and it takes time, we are not here refering to super stream issue, in question.. So for last 10 years or more we have decided to get involve in fully automation any process which requires  manual and repetitive tasks . i am off the tangent here, but i will be discussing more in this forum different post.. And one of the reasons why Xero is thriving they have 42,000 add on tools now and increasing ..
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Kevin V. Russell, Accredited Partner

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42000 add on tools and you still can't generate a BAS out of it. Neither does it have any SBR integration.
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chandra wasan

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yes, all systems has downside , but as Tax accountants, we found all most , most of the accountants have gone just viral and switching to Xero, This is not forum that i like to discuss about another software company.

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