15-02-2011 11:48 AM
Could someone please help me with regard to two separate Q's.I am using Accountright Standard V19, and new to MYOB!!
1. I am a sole contractor who provides services to organizations via an recruitment agency. I invoice the agency directly for the work provided who subsequently pay me. Now sometimes travel expenses (fuel/airfares etc) can be reimbursed, again by invoicing the agency directly. Now, how is it best to enter this in MYOB. I have been told to use "cost of sales", where i have an account for "income from Reimbursable Exp" and one for 'Reimbursable expenses". Does this sound right, and how do i do this exactly?
2. Prepaid mobile phone entry! How does one enter this in MYOB correctly? The prepaid invoice that can be generated by the phone carrier shows subsequent topup values and usage and gst amounts, but how do you represent this in MYOB? Examples Attached.
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