Are you Superstream ready?
Notice To All Business Owners: On 1st of July 2016, Superstream is compulsory and action needs to be taken now to to ensure you are compliant.
What is Superstream?
Superstream is a requirement whereby employers must report and pay their employees superannuation contributions electronically to improve the efficiency of the superannuation system. Using Superstream compliant software will dramatically reduce the time spent paying superannuation and will minimise errors. For our business, it has saved over 2 hours per superannuation contribution payment. Please watch this short video below to find out more.
Below are some more specific videos that relate to the software you may be using:
If you are using Xero, learn how to set up Superstream by watching this video.
If you are using MYOB, learn how to set up Superstream by watching this video.
If you are using Quickbooks, unfortunately they have not produced a video, but they do link with the NAB clearing house. To learn how to use NAB to comply with Superstream, please watch this video.
If your business requires help setting up Superstream, please call our office and book a time with Matt or Ben (in the Sunbury Office) or Troy or Tom (in the Melbourne Office). They will set you up and make sure you are Superstream compliant.