Superannuation funds configured on this screen form a master list that is available for linking to employees.


This article will step you through how to add an Industry / Commercial super fund and also a Self Managed Super Fund (SMSF) in ClockOn


Terms

  • SMSF: Self Managed Super Fund
  • USI: Unique Superannuation Identifier. Refers to the super fund membership of the Australian Payments Clearing Association.
  • Service Add: Service Address. This field is currently used for super-stream, and is used to enter the URL or IP address for their super fund address reference. This is obtained via the ATO website or their super fund. If it is a SMSF then they are to use the ATO approved alias as there is no web address for them.

 

Adding a super fund

  1. To Access the System Setup screen you will need to ensure that all other ClockOn Windows are closed. Navigate to Setup > System Setup.
  2. In the System Setup click on the Super tab
  3. To add a super fund first select Add.
  4. Enter the required details.
    For Super funds, other than SMSF (See below), the minimum amount of information required for the SAFF is the Fund Name and the USI No
    NOTE: We also recommend adding the Super funds ABN 
  5. Select Save.


Location: This list allows the Administrator to assign Super funds to one or more specified locations (reducing the need for duplicate funds)

  1. Click Add to add location(s) to Super Fund.
  2. Click Save



For information on setting up a Default super fund please read: Setting up a Default Super Fund

Self Managed Super Fund (SMSF)

Please see below the details required for a SMSF

  1. Add the Fund Name
  2. Tick the SMSF box
  3. The Funds ABN
  4. Services Address
  5. Super account name
  6. BSB Number 
  7. Account Number