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Hi All,
When payday super becomes mandatory, will there be any additional costs?
Most of our clients are on basic payroll with QuickBooks Online.
Hi, @KLR2. It’s a great question, especially as we prepare for the transition to Payday Super. Currently, QuickBooks Online Payroll (QBOP) includes superannuation processing as part of your existing subscription through our integrated partner, Beam (clearing house).
With that said, automated super processing through Beam is a built-in feature of the payroll plan. While Intuit periodically reviews its subscription pricing, there has been no announcement of a specific surcharge.
Since your clients are on the basic payroll plan, the cost is typically covered by their monthly subscription and the per-employee fee already in place.
Because every account setup is unique, I recommend contacting our Live Support team. They can securely review your clients' specific billing profiles to confirm that their current subscription level fully covers Beam usage, ensure there are no unexpected costs based on the number of active employees, and provide peace of mind before the legislative changes take full effect.
We are dedicated to ensuring a smooth transition to Payday Super for both you and your clients. If you need assistance with the Beam setup or have additional questions about the upcoming ATO requirements, please don’t hesitate to reach out. We’re here to help.
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