SuperStream Overview

What Is SuperStream?

SuperStream is a government reform aimed at improving the efficiency of the superannuation system.

Under SuperStream, employers must make super contributions on behalf of their employees by submitting data and payments electronically in a consistent and simplified manner. SuperStream transmits money and information consistently across the super system – between employers, funds, service providers and the ATO. The data is linked to the payment by a unique payment reference number.

When Do I Have To Start Using SuperStream?

All businesses were required to use SuperStream from 1/7/2016.

SuperStream Requirements

You may have the option to use free Super Clearing houses to help you meet your Super Guarantee obligations.

• If you have not already done so, register your business with a Super Clearing house of your choice.
• You will need to contact your employees’ super funds to obtain their Member Number and the employees’ Unique Superannuation Identification Number (USI) for each super fund.
• Add all your employees, including their Member Number and USI.

 For further information, please discuss with your accountant or visit the ATO website.

What To Do When Remitting Superannuation

Overview For Wagemaster Users

1. Generate your superannuation reports in Wage Easy Payroll.
2. Import your superannuation for the period into Agrimaster into EFT.
3. Reconcile the figures between Wagemaster and Agrimaster.
4. Login to your superannuation clearinghouse website.
5. In your superannuation clearinghouse website:
   • Update the employee details with their superannuation amounts for the period.
   • A report will be generated, giving you a BSB and Account Number to pay the TOTAL of the superannuation remittance.
6. In Agrimaster, edit the EFT details for the superannuation clearing house by adding or updating the BSB and Account Number from Step 5 above.

Overview For Agrimaster Users

1. Manually calculate your Superannuation for each employee.
2. Create the superannuation clearing house as a Name in EFTs. Leave the BSB and Account Number blank for now.
3. Manually create an EFT payment for each employee with the BSB and Account Number and details for their super funds.
4. Log in to your superannuation clearinghouse website, e.g., Quick Super.
5. In your superannuation clearinghouse website:
   • Update the employee details with their superannuation amounts for the period.
   • A report will be generated, giving you a BSB and Account Number to pay the TOTAL of the superannuation remittance.
6. In Agrimaster, edit the EFT details for the superannuation clearing house by adding or updating the BSB and Account Number from Step 5 above.

Overview for Employment Hero Users

1. Make sure you have been importing your Employment Hero payroll data into Agrimaster each pay period as this will include the employee super records.
2. Generate your superannuation reports in Employment Hero. 
3. Reconcile the figures between Employment Hero and Agrimaster.
4. Login to your superannuation clearinghouse website.
5. In your superannuation clearinghouse website:
   • Update the employee details with their superannuation amounts for the period.
   • A report will be generated, giving you a BSB and Account Number to pay the TOTAL of the superannuation remittance.
6. In Agrimaster, edit the EFT details for the superannuation clearing house by adding or updating the BSB and Account Number from Step 5 above.

 For more information about processing the superannuation remittance.