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I have ONE ABN employee (no payg taken ) I need to pay Super - how should i set up in Quickbooks?

This person gives me an invoice with ABN and I pay weekly.  I set up as employee with $0 wages but now not sure if necessary?  Not sure if I need to set up BEAM or if i can simply manually calculate 9.5% of invoice and pay directly to BUSSQ as employer login?  OR if i am required to use STP? 

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Best answer March 10, 2020

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QuickBooks Team

I have ONE ABN employee (no payg taken ) I need to pay Super - how should i set up in Quickbooks?

Hi spo_20,

 

According to the ATO, payments made to contractors are not mandatory for STP reporting.

 

If the employee's super fund only allows payments to be made from a clearing house, it is recommended to set up Beam for the employee and pay through Beam, otherwise you can manually calculate the super amounts and pay directly to the super fund.

 

Bonny

View solution in original post

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Highlighted
QuickBooks Team

I have ONE ABN employee (no payg taken ) I need to pay Super - how should i set up in Quickbooks?

Hi spo_20,

 

According to the ATO, payments made to contractors are not mandatory for STP reporting.

 

If the employee's super fund only allows payments to be made from a clearing house, it is recommended to set up Beam for the employee and pay through Beam, otherwise you can manually calculate the super amounts and pay directly to the super fund.

 

Bonny

View solution in original post