1. Australia / New Zealand Payroll Implementation Guide
  2. Setting Up Superannuation Funds

Setting Up Superannuation Funds

Access the Fund Master Revision form.

Fund ID

Review the system-assigned address book number that identifies the fund.

Fund Name

Enter the descriptive name of the fund. You can use alphanumeric and special characters in this field.

Provider/Trustee

Enter the address book number of the third-party fund administrator. This is the organization to which payments are sent.

To set up the Electronic Service Address (ESA) for the fund, you must link the ESA for the fund to the address book number of the trustee. To perform this, fast path to the P01012 program and specify the address book number of the provide or trustee. Select the Who's Who option from the Row menu on the Work with Addresses form. Then, select the Email/Internet option from the Row menu on the Who's Who form. On the Email/Internet Revisions form, specify the value for ESA from the UDC table 01/CF in the Electronic Address Category field. The system displays this value in the TargetElectronic Service Address for the PAYEE/RECEIVER column of the data file.

Superannuation Product ID No

Enter the identification number for the superannuation fund. This number is provided by the third-party fund administrator.

Unique Superannuation Identifier

Enter the Unique Superannuation Identifier (USI) that specifies the end point of the information being sent about a contribution. You use USI to uniquely identify a superannuation fund's products for the purposes of electronic contributions. The system saves the USI number in the F07845 table.

Payment Method Code

Enter a value from UDC 75A/PM to specify the method for payment as defined by the ATO SuperStream contribution standard. Valid values are:

  • 1: Direct Credit

  • 2: BPAY

  • 3: Direct Debit

Note: When you specify the payment method code as 2 for BPAY, you must enter values in the Customer Reference Number and BPAY Biller Code fields.
Customer Reference Number

Enter the reference number used by the party to whom the money is paid with the purpose of identifying the party making a payment through the electronic payment method BPAY. This is a required field when the value in the Payment Method field is BPAY, otherwise, the system disables this field.

BPAY Biller Code

Enter the code used to identify the biller organization for BPAY purposes. This is a required field when the payment method is BPAY, otherwise, the system disables this field.