How to activate your Superstream.
Cashbook includes a built-in SuperStream solution making it easy for employers to meet their ATO superannuation obligations. The software adheres to the ATO data and processing standards through our partnership with SuperChoice Services Pty Ltd.
This feature allows employers to pay all their employees' superannuation contributions in a single transaction, even if they're going to multiple superannuation funds (regulated and/or self-mananged).
Note: You must have registered your business details with SuperChoice first. Click on the following link for instructions: Single Touch Payroll - Get Started
Firstly, you will need to go to your SuperChoice portal.
Login with your SuperChoice login details (these were created when you first registered your business details with SuperChoice for Single Touch Payroll):
From the dashboard, click on Maintain Employers on the top navigation bar or Employer Details on the bottom navigation menus:
If you have a single entity, click Search or enter your Name and/or ABN and then Search if you have multiple entities:
Your available employer records will appear.
Then, click on the name of the required employer:
In the Employer Maintenance screen, click on Payment Details:
In the Payment Details tab,
Select Direct Debit for Payment Method and then, In both the Direct Debit Account and the Refund to Employer Bank Account sections, enter the following:
You can use different accounts for both Debit and Refund purposes but ensure you have access to the Refund account as that is where superfunds will deposit refunds, these will not come from SuperChoice or Practical Systems.
*Please note: some symbols are not accepted such as '&'
In order to complete the payment details update, you will need to confirm that you accept the terms and conditions contained within the PDS. You can download a copy by clicking on the Download link:
SuperChoice will keep an electronic record of your acceptance of the terms.
Once you have entered all your payment details and accepted the terms and conditions, click on Save to complete the process.