What is the difference between superannuation payable and superannuation liability? Why is there also a superannuation expense account?

Hi gabrielle-tylor,

Superannuation Expense Account is used to track your SGC (Superannuation Guarantee Contributions) super expense transactions. On the other hand, Superannuation Liability Account sometimes called the super clearing account, this account will track your super liability transactions.
 

In QuickBooks Online there are two ways to record the Superannuation. Here's how: 

1. If you've created a pay run, the superannuation will auto calculate the. When you finalise the pay run, it will import a journal in QuickBooks Online which will hit the Superannuation Payable and Superannuation Expense account. Once the super payment shows in the bank feeds, you can allocate the payment in Superannuation Payable Account (Liability account).
2. If a pay run was not created in QuickBooks Online, you can use the existing Superannuation Expense account to track the payment. Once the super payment shows in the bank feeds, you can allocate the payment to the Superannuation Expense account.

For your reference, you can also check on this article: Matching payroll payments in QuickBooks Online. 

Feel free to drop a comment below if you have any other questions. Have a great day!