WET is a tricky area of taxation which usually requires assistance from an accounting advisor to set up in your MYOB software.
To learn more about WET and the producer WET rebate, visit the ATO...
Updated 9 years ago
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Is this the process you do before BAS? Not sure why it's a zero figure. I need to put payments against it.
I'm a winery producer and need to record the wet and gst so that i can use the BAS function in accountright.