In this topic

• Introduction
• Adding a Superannuation Fund
• What if you cannot find the super fund in our list?
• Adding a Self Managed Superannuation Fund (SMSF)
• Editing an existing Super Fund or SMSF
• Retiring (Inactivating) a Super Fund

Introduction

This topic describes how view an existing super fund or add a new super fund to your account.

We maintain a list of compliant, valid APRA super funds. This helps our clients to ensure that they are meeting their obligations with regard to making super payments to an appropriate fund.

NOTE: You must have the Employer Authority web role to view the Super Funds screen and add new Super Funds. If you have the Employer Authority Limited web role, you will be able to view existing Super Funds but will not be able to add new Super Funds to your account.

Adding a Superannuation Fund

To add a new Super Fund to your account:

1. Go to the Employer -> Super Funds screen
2. Click the Add Fund button

3. Enter the fund details into the search fields and click the Search button

   NOTE: If you enter search details into more than one field, the search function will try to locate a fund which matches all of the criteria you enter. It is best to enter information into only one of the search fields. When searching for a superannuation fund, the best field to search on is USI. A USI is a Unique Superannuation Identifier and is unique to each superannuation product.

   NOTE: It can be difficult to find the super fund you want by searching on name, as many super funds are legally known by slightly different names to what they are publically known.

4. Click the Select button next to the fund that you want to add

5. Enter the Employer Number if required

   NOTE: If a super fund is employer sponsored, you must provide an Employer Number. If you do not have an Employer Number, you will need to contact the super fund to find out how to get one. You will not be able to add the fund to your account until you have an Employer Number.

6. If the Super Fund is MySuper compliant, you can tick the Default checkbox to indicate that this is the Default Super Fund for your business.
7. Click the Save button to add the Super Fund to your account

NOTE: In the case where a super fund is not available in our list, this should not stop payroll processing. You should allocate the employee to the ‘No Super Fund Allocated’ super fund which will allow super to be calculated, but not actually paid. After the super fund is available, you can then assign the new super fund to the employee by following the instructions in the Managing Employee Payment Details help topic.

What if you cannot find the super fund in our list?

If you cannot find the super fund in the list, please ensure that you:

• Have not mistyped any of the information that you are searching for
• Have not already added the fund to your account (you can only add each fund once)
• Are searching using the USI (rather than the name or ABN)

Adding a Self Managed Superannuation Fund (SMSF)

To add a new Self Managed Super Fund (SMSF) to your account:

1. Go to the Employer -> Super Funds screen
2. Click the Add Self-Managed Fund button
3. Enter the Fund Name

4. Enter the Fund ABN

   NOTE: When you save these details, Ready pay (powered by ePayroll) will connect to the Australian Business Register and confirm that the entered ABN belongs to a Self Managed Super Fund.

5. Click the BSB and Acount Number for the SMSF’s bank account

6. Select the Electronic Service Address (ESA) for the SMSF

   NOTE: Self-managed superannuation fund (SMSF) trustees are required to receive both electronic messages and payment when employers make contributions using the SuperStream data and payment standard. If your employee does not have an ESA yet, they will need to obtain one. The employee will need to speak to the trustee or accountant for their fund if they require further help. If the correct ESA is not supplied, the fund may not recieve the employee’s contributions.

7. Click the Save Changes button to add the SMSF to your account

Editing an existing Super Fund or SMSF

NOTE: You cannot edit some Super Fund details such as Fund Name, ABN and USI. On occasion, a super fund may change these details, and we typically update these for all clients at that time.

To edit a Super Fund on your account:

1. Go to the Employer -> Super Funds screen
2. Locate the Super Fund in the list of Super Funds on your account
3. Click the Edit button to the left of the fund that you want to edit
4. Update the details as required
5. Click the Save Changes button

Retiring (Inactivating) a Super Fund

To retire a Super Fund on your account:

1. Go to the Employer -> Super Funds screen
2. Locate the Super Fund in the list of Super Funds on your account
3. Click the Edit button to the left of the fund that you want to edit
4. Click the Retire button