I have been asked to make a GST clearing account by our accountant. Can anyone help with this? Is it a liability account and is it linked to any other accounts? I have yet to work with clearing accounts so I don't know where to start.
Thanks in advance
@KathThompson
Welcome to the MYOB Community Forum, I hope you find plenty of useful information.
Have a read of the article on the ATO Integrated Client Account.
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