How to reconcile superannuation payments [xero]

Updated: 07/08/2021
Article #: 59


Once the Superannuation Payment is authorised, the payment will be deducted from the nominated bank account within 24 hours. When the Superannuation payment shows on the Bank Feeds this payment needs to be reconciled against the Superannuation Payable Account.

 

  1. Go to the Bank Account Bank Feed Transactions
  2. Find the Super Payment and click on the [Create] Tab

    è  The Bank Feed Transaction



  3. Select/Enter the following details:
    • Who > Select: Generated by Xero Payroll
    • What > Select: Superannuation Payable (814)
    • Why > Type: Superannuation Payment mm/yy
  4. Click on [OK]

 







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