Tax and BAS Agents have access to the ATO Integrated Client Accounts for their clients and the following is a procedure that allows Tax and BAS Agent to reconcile this account. This process invol...
Updated 7 years ago
Version 1.0
Blog Post
I believe it is important to recognise that MYOB AccountRight is not an Accounting package it is business management software.
As such the entry of ATO as a Supplier has merit particularly when dealing with clients who want a plain and simple report on who do I owe money to.
Although not my preference I have used Payables for WorkCover, ATO and even Super for some clients who insist on wanting just the 1 Sheet who do I owe money to. I have never received communication from the ATO directing me how to enter into MYOB and why would they. The software entries using payables has no bearing on what is reported to them. Sure it requires a bit of tidying up before it it ready for the accountant to work on. But these clients tend to have once a year contact with their accountants but weekly what do I owe requirements. Remember the customer is always right, maybe not correct but always right