Managing your employee superannuation doesn't have to be a headache. Xero features a built-in Automatic Superannuation tool that lets you calculate, track, and pay all your employees' super contributions directly through the software using its integrated clearing house. Once it's configured, handling your super obligations is as simple as hitting the "pay super" button each time you finish a payroll run. To get started, you'll just need to complete a quick, one-time registration inside your file to link your bank account and authorize the service.
Here is a Step by Step Guide to set up Xero Super.
Step By Step Guide:
Navigate to Superannuation
From your Xero dashboard, click on the Payroll menu and select Superannuation.
Begin the Setup
You will be redirected to the setup page. Click the Get Started button.
Proceed to Next Screen
Once you’ve clicked Get Started, review the initial information and select Next to continue.
Add Authoriser Details
Under the Authoriser section, select your name from the dropdown list and enter your mobile number, then click Next.
Note: The authoriser must be a user with full payroll permissions.
Select Your Bank Account
Select the button next to the specific bank account you'll use to pay Super, then click Next.
Review and Register
Read through all the terms and agreements. Once completed, tick the checkbox to agree, and click Register.
That's it! ✨Your automatic superannuation is now set up and ready to go. 😍