Sorting out your employee superannuation can be done in just a few clicks. By using Xero's integrated system, your super tracking is automatically calculated for you. Once everything is approved, you can jump right in and kick off the super payments through Xero’s built-in clearing house, it really is as simple as clicking the Pay Super button.
Here’s a quick, step-by-step guide to walk you through clearing your super obligations all in one go.
Step by Step Guide
With Payday Super, you need to process the super batch on, or before, the payment date.
Head back to the top menu, select Payroll, and click Superannuation.
You’ll see a list of super batches. The super from the pay run you just processed will be waiting for you under Unpaid Contributions.
Click into it and verify that the total matches your pay run totals.
Check the box for that pay period and click Submit for Approval.
Xero will show you the bank account that will be debited. From here, you have two choices depending on your timing:
Option A (Paying later): If you are prepping this in advance, you can stop here and head back to your superannuation dashboard.
Option B (Paying today): If today is the actual payment date for your employees, go ahead and click on that batch, make sure you have enough funds in your account, and hit Approve. Enter the OTP (One-Time PIN) sent to your phone, and click submit.