How do I add a superannuation fund to payroll?
To use SuperStream, you will need the following information from your employees, in addition to the information you may already use to pay super:
Note: The information below can be easily obtained if your get all of your employees to fill in a Superannuation (super) Standard Choice Form. This form collects all the information that employers will need when using SuperStream.
If your employee/s have a self-managed super fund (SMSF), they need to give you slightly different information:
To add a regulated or self-managed super fund (SMSF):
Step (a): Collect information needed to add to your employee records.
Note: A superannuation company may have multiple fund products under the same ABN, each with their own unique USI, so you'll need to confirm the correct USI with your employee.
Step (b) either: METHOD 1
Step (b) or: METHOD 2
Example of Search By: USI (only used for regulated funds) ***PREFERRED OPTION***
Example of Search By: ABN
Note: A regulated (APRA) fund, may have multiple superannuation fund products. Each product will have its own unique USI. If the fund has more than one product, you need to know the USI to identify/match to the correct Product Name.
*** Add Super Fund window:
SMSF (Self Managed Superannuation Fund):