Follow

Amalgamate Payments for Your Superannuation Clearing House

In order to make paying your superannuation contributions to a Superannuation Clearing House (SCH) more streamlined and to assist you in complying with the requirements for SuperStream, you can amalgamate the superannuation payments in Agrimaster into a single payment for the SCH. 

Before you start, ensure you have:

  • Registered your business with a Superannuation clearing house (SCH)
  • Entered the details for each of your employees in your SCH
  • Obtained a BSB and Account Number to pay the super to your SCH
  • Setup internet banking in Agrimaster so that you can send an electronic fund transfer (EFT) 

If you have not done these steps, please refer to the SuperStream Overview Help Note.  

If Using Wage Easy or Wagemaster

Before you amalgamate your payments ensure you have

  • Reconciled your superannuation reports for the period
  • Imported your superannuation payments for the period into EFT section in Agrimaster
  • If you are using the small business superannuation clearing house, you will need to enter the values for each of your employees manually each time you pay their superannuation 

If Not Using Wage Easy or Wagemaster 

You will need to:

  • Manually create superannuation payments for the period in the EFT Section in Agrimaster
  • If you are using the small business superannuation clearing house, you will need to enter the values for each of your employees manually each time you pay their superannuation. 

Please Note: Some other clearing houses are compatible with imported data from Wage Easy or Wagemaster 

How to Amalgamate your Payments 

  1. From the Home page, click Cash Book 
  2. To find your superannuation transactions, click on the EFT Acc/Pay Cheques button 
  3. On the Electronic Funds Transfer, Accounts Payable, Cheques window, click on eft 
  4. The Export to [Bank Name] window will display 

    • Ensure the Pay From Account is correct
    • Ensure Batch Process Date is correct
    • To select all payments to be included in the batch, click and drag all with your mouse (or use the CTRL key and the mouse to select non-consecutive payments)
    • Ensure the number of payments and total of payments are both correct
    • Tick the Amalgamate Selected SuperStream Payments box
    • Select your clearing house, complete the EFT your ABN details (these will be remembered for future payments) 
    • Click or Press F10 to save the .aba file
  5. You will now see the following window where previous payments exist on file in c:\users\public\agrimaster\netbank\ folder 

    Click Yes to delete the existing ABA file before exporting the new file (unless you have a previous ABA file still to be uploaded to your banks)

  6. A final confirmation will be requested, then the payment file will be written and the payments moved to the ‘transactions’ section of the cashbook 

    Select Yes to delete the existing file before exporting

  7. The following message will display the number and total value of the transactions exported. Select Yes to proceed 

  8. You will now be returned to the EFT export screen

    Note: Payments will no longer be listed here. They have been moved to the Transaction Screen ready for reconciliation     

  9. The netpay.aba file (holds your EFT payments) is now ready to be imported to your bank by logging onto the bank internet site and uploading this file.
Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments