Services
Super clearing house
One payment — many funds.
APS Payroll Superannuation Clearing House
APS Payroll have simplified the need to make payments to multiple super funds. Employees can choose their fund — which is great for them, but a headache for employers making individual payments.
Once we set you up you will only need to make one super payment for all your employees. We allocate to the various funds using our Super Clearing House. Instead of multiple payments, APS acts as administrator on your behalf using a secure online facility backed by an ASIC approved Product Disclosure Statement.
Send one electronic lump sum — the system disseminates the money and contribution data to each nominated fund.
Benefits
- Removes the administration burden of multiple fund payments and reconciliation
- Single payment regardless of the number of funds — eliminates cheques and postage
- Adheres to the ATO’s SuperStream standards
- Minimises downtime — no unique paperwork per fund
- Online facility with employer login and full payment history
- Backed by a Product Disclosure Statement
- Real-time payment tracking
- Handles all fund types including SMSFs
- Reconciliation simplified — one lump sum matches the payroll super report