Most RecentMost ViewedNo Replies YetEditing the amount of Owners funds introduced Hi, I am incredibly new to anything accounting. I have blindly made my way through so far, and entered the wrong amount into the Owners Funds Introduced section. I want to edit this amount but ...SolvedHow do I enter Budgets on MYOB Business Lite I have subscribed to online Myob Business Lite and am wanting to enter Budgets but cant see where to add the figures manually. Change a level in the Chart of Accounts How can I change a level in Business Lite? I have imported my CoA and a number of them have not gone in properly SolvedGST code for expenses Hi, is it possible to change the tax code for individual GL Expense Accounts? We are not GST registered so I would like to set all expense codes to N-T so that someone doesn't post an invoice with GS...SolvedRecording personal transactions as owner drawings setup G'day all looking for some help many variable answers that I have found but still left confused 😐 I am a sole trader I have just started a business I need to enter expenses bills and rece...Tax Codes - Business Lite I have started a file in MYOB Business Lite and I am not registered for GST nor do i have a payroll. My new file has a dozen or so tax codes with linked accounts to all of them. The HELP says I can't...SolvedHow to Delete linked accountsABN INVALID im trying to create some bills i have received tonight and when i do theyre all coming up saying that the ABN INVALID .......I have checked on the abn lookup and they are correct and are valid...not ...Budget Online Entries I have entered the new budget figures for this year in MYOB Accountright, but the accountants have advised me that I will also have to enter this information in MYOB Online, this is a huge amount of ...SolvedNominated bank account for depositing money how do I set the bank account as a default for customers payments and money receipts? it is driving me crazy trying to remember how to do this? Solvedadding cash purchase to myob I just started my mowing business and I used cash money i already had on hand to purchase a trailer for business. How would I add this to myob as it didn't come from a card account of mine Budget figures in Web Browser Hi We updated our budget figures for 2021/2022 in the desktop version. They are not appearing in the Web browser version when running the P&L reports. There is no budget option to select in th...SolvedVariance in GST return and GST report Hi, could anyone please kindly advise why there's a variance between the GST report and GST return? Which figures should I use to report in the BAS? Creating a GJ from a recurring journal On the Web version of MYOB, last month create a general journal from a recurring template. The option to do this was available after electing to creating a journal (and was seen on bottom left of scr...Is there a summary of what account category to select please? Hi, Most are obvious like sales, advertising & marketing etc but is there a summary of all of the categories and when to use them? Thank you SolvedNo Parent Headers for Other Income or Other Expenses I have a trial version of Essentilas that I am trying to set up. I have an issue and when trying to create the header accounts in Other Income and Other Expese as there is no option to select a...SolvedPurchases (Cost of Sales) or Accounts Payable (Liability) Hi there I am just trying to figure out what is the correct account type to use for certain payments I make. I run an event management business and for some clients, I invoice them for the fu...Transfer of Assets to Shareholder account/Own Equity Hi, I am wondering how to I transfer assest like a vehicle to shareholder account/Equity? Do I create a new account list or journal? Many thanks Accruals method of accounting The attached spredsheet has a comparison of the 2-1800 Accounts Payable account in both Accrual & Cash modes. In the Cash Mode the accounts show that the amount was recorded as a debit in expens...Accounts List I run an Electrical business. We purchase various consumables (e.g. masking tape, screws...etc). When entering an invoice from our supplier, for items like these, where do I allocate them to? I un...Solved