Rounded

Superannuation, or super, is an excellent way to invest and save for your retirement. In most cases, contributions you make to your super fund are tax deductible, i.e. they reduce your taxable income for the financial year they are made.

Remember, if you are eligible and want to claim a tax deduction for your personal super contributions, you must first notify your fund that you intend to do so by completing a “Notice of Intent to Claim Form”.

Here’s some more info from the ATO (Link). Please ensure you talk to your financial adviser or accountant for qualified advice relating to your own personal circumstances

<a href="https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/super/growing-and-keeping-track-of-your-super/how-to-save-more-in-your-super/personal-super-contributions" rel="nofollow noopener noreferrer" target="_blank">https://www.ato.gov.au/individuals-and-families/super-for-individuals-and-families/super/growing-and-keeping-track-of-your-super/how-to-save-more-in-your-super/personal-super-contributions</a>

Rounded makes it easy to track super contributions. There are two options

1. Adding it directly via the super section
2. Adding it via bank feeds

Navigate to the super section by hovering over the Deductions menu on the left, then click Super contributions

Enter the Amount, select the Date, assign the Super Fund, and enter Notes when needed

Tick if the super contribution is tax deductible, or untick if not

1. Navigate to the super section by hovering over the Deductions menu on the left, then click Super contributions
 
 
2. Click Add contribution
 
 
 Or New contributions
 
 
3. Enter the Amount, select the Date, assign the Super Fund, and enter Notes when needed
 
 
4. Tick if the super contribution is tax deductible, or untick if not
 
 
5. Click Save

Adding super contributions via bank feeds

Go to the bank feeds by clicking Bank feeds on the menu on the left

Hover on the transaction to be marked as a super contribution, click Others, then Super contribution

Assign the Super fund and enter Notes when needed

1. Go to the bank feeds by clicking Bank feeds on the menu on the left
 
 
2. Hover on the transaction to be marked as a super contribution, click Others, then Super contribution
 
 
3. Assign the Super fund and enter Notes when needed
 
 
4. Tick if the super contribution is tax deductible, or untick if not
 
 
5. Click Done

Adding super contributions directly

Adding super contributions via bank feeds