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, visit the ATO website.
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Updated 9 years ago
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Hey KristinmD - The MYOB comments in this feed are NOT ATO Compliant. I feel sorry for the poor person reading this thread. The ATO are very definite about showing the GST and WET amounts as seperate items on all Tax Invoices. See this link:
I have done a work around in MYOB which is not user friendly and fiddly. Annoying as hell! I don't recommend MYOB to Wine Clients anymore which is a bit sad as I do like MYOB.
COME ON MYOB - support all industries.