SuperStream Setup Checklist

SuperStream Setup Checklist

SuperStream

  • Under SuperStream, you need to send super contribution payments and associated data for your employees electronically. The data is in a standard format so it can be transmitted consistently across the superannuation systems - between employers, funds, service providers and the ATO. This means you can make all your contributions in a single transaction, even if payments are going to multiple superannuation funds.
  • As part of Cashbook Payroll, Cashbook now provides a SuperStream - compliant option for making super guarantee (SG), salary sacrifice contributions and / or personal contributions for your employees. 
  • Practical Systems has engaged SuperChoice Services Pty Ltd to act as its clearing house.
 
Before you register make sure you have collected all information and updated your records in Cashbook, so you are ready to use SuperStream.

Step 1 - Ensure that Employer details are entered as required.
Step 2 - Ensure that Employee details are entered as required.
Step 3 - Ensure that Employee Tax and Superannuation Fund Details are entered as required.
Step 4 - Register for Practical Systems SuperStream in Payroll
 

Article ID 1839