AU Payroll - Support for nonregulated super funds
SUPER NON Regulated Super Fund Set Up - There are many Non Regulated Super funds out there and Xero only provides a list of Regulated Super Fund name to choose/ set up under payroll settings so when an employee has a NON Regulated Super Fund you can not set up or choose in the Employee card. The current work around is to Choose another Super Fund name (fraught with danger) in the Employee card then make manual payments. Making manual payments is not an issue however, choosing another Super fund name that is not correct is not an appropriate work around. I believe a "Dummy or Generic" Super Fund should be available to choose then it is a trigger for manual payments.
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Riley James commented
Hey Cheryl,
Could you provide any more details (or examples) regarding what you mean by "nonregulated super funds".
I know there are "Small APRA funds", for example: https://superfundlookup.gov.au/ABN/View?id=86816576466
But these can be added to Xero.
Beyond that, the only "nonregulated" funds I know if are public sector funds, which I'd be surprised were being paid via Xero's Payroll software. GESB is an example of those: https://superfundlookup.gov.au/ABN/View?id=82144194929
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Burswood Bookkeeping commented
I agree, just having this issue and it is annoying having to put a superannuation line each payrun. Extra time that shouldn't have to be spent if all superannuation funds are accepted.