Choosing Correct Tax Code in MYOB

While creating new accounts in MYOB it is very important to choose a correct tax code as it can affect the way the transaction is reported in BAS.
Below is a screenshot of the tax rates available in BAS:

Tax Rates in BAS Rayvat Accounting

Bookkeeper needs to understand the meaning of all the tax codes in order to ensure that it is reported correctly into Business Activity statement

IMPORTANT DISCLAIMER: This article does not constitute advice. This article is to be used as a general guide for our clients for their own private information Read More.

We will be glad to assist you ! Contact Us Here !

Quick Contact

captcha