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:
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 !