This document serves to outline the changes associated with the introduction of Superstream; and the actions needed to configure the remittance module to use SuperStream with Click Super. Whilst the current remittance module submits all contributions electronically, the use of superstream required configuration (see setup overview below).
What is Super Stream?
SuperStream is a government reform aimed at improving the efficiency of the superannuation system. Under SuperStream, employers must make super contributions on behalf of their employees by submitting data and payments electronically in a consistent and simplified manner.
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The remittance module has already been updated in your account to support the Superstream functionality, however before you can begin using the superstream functionality you must complete the following steps:
In Infinet Cloud Payroll
- Ensure all existing remittance records have completed and been processed
- Update the Employee Super Fund records to ensure they are configured with USI, and for SMSF have an ESA.
- Run the Payroll Configuration to select the "superstream" checkbox.
In Click Super Portal
- Notify click super of wanting access to the new Click Stream portal
- Login to the Portal and configure the default super funds
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We are awaiting details on the process from Click Super. |
Payroll Configuration
Update the Payroll Configuration Wizard
As one of the payroll administrator roles open the setup wizard from the main navigation Payroll > Payroll Setup > Configuration. Select the configuration you want to update (One World only) and click next through to Step 3 Accounting. Scroll right to the bottom of the page and check the use superstream box. Click Next through the remaining steps and Finish on the Confirm page.
Review and Update Super Fund Records
The most recent release of the remittance module has included an updated version of the super fund form, only the information in the primary info tab needs to be populated. Note the differences between a standard super fund and a self managed super fund (SMSF).
Super Fund
For a standard super fund the only fields that are mandatory are: Name, ABN and USI, for reference if the super fund has been used prior to super stream the SPIN will be displayed in the additional info field group.
Self Managed Super Fund
When SMSF flag is checked, the validation changes USI is no longer required, and instead the Account Name, BSB Number and Account Number are needed. In addition an electronic service address (ESA) must be provided. If the employee doesn't not have an ESA for their self managed super fund they can apply for one with click super http://www.clicksuper.com.au/self-managed-super-fund/.
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As the membership no is no longer used, there is no requirement to update the employee super fund record directly all data changes should be made to the parent superfund record, which will automatically update the associated employee super fund records. |