M‑Powered Superannuation > Maintaining MYOB M-Powered Superannuation > Starting a new financial year
To prepare your company file for a new financial year you need to perform the Start A New Financial Year procedure. When this procedure is run, you need to retain unpaid superannuation accruals to be able to pay superannuation that accrued in a prior financial year.
During the procedure the Receipts & Payments to be Processed window appears.
Select the Keep Unpaid Payroll Liability Accruals option (it should be selected by default). Unpaid superannuation accruals are now retained for later processing.
