$1,500 Small Business Rebate Scheme

LisaD1

Hi. We have claimed for and received a Covid-19 grant from Service NSW as a relief payment for fees and charges we have paid since 1/4/21. Can anyone help me to correctly enter this payment into MYOB? We claimed it against the cost of registration of one of the fleet trucks. Thanks. Lisa

Tracey_H

Hi @LisaD1 

 

Thanks for your post. From an AccountRight perspective you would record a Receive Money transaction for the funds received. However, you will need to speak to your accountant about the allocation account and tax code to ensure that it is reported correctly.

 

Please let me know if you need further help.

 

If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.