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Partner
GregDan_86
Posts: 3
Registered: ‎05-01-2011
Australia
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How to record the sale of my business in MYOB

Hello,

 

I was just wondering if someone could help me out with entering the sale of my business in MYOB. I just need to know what accounts to code the sale to and what accounts to code the solicitor fees etc to. Also, can i claim the GST paid on these fees?

 

Thankyou!

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Ultimate Partner
Julie_A_C
Posts: 2,481
Registered: ‎07-09-2010
Australia
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Re: How to record the sale of my business in MYOB

You maybe should direct this question to an Accountant or check out the ATO site.  You need to check whether the sale is GST Free or not.

Julie Carter AIPA, BBus(Acctg),
MYOB Professional Partner, Registered BAS Service Provider
Associate Member of Institute of Public Accountants
ph: 0417 927 654 email: accuratebooks7@gmail.com
Accurate Books Always (Servicing from Leederville to Pinjarra, Fremantle to Armadale WA)
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