Forum Discussion

Kace4321's avatar
Kace4321
Trusted User
1 month ago

Interest Income received from Bank

Hi,

Which tax code in MYOB Accountright - Receive Money do I use for Interest Received from a bank?

Is N-T Not Reportable 0% the correct code?

Thank you.

 

1 Reply

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    1 month ago

    Hi Kace4321,

    Thanks for posting. For this type of query, we recommend confirming the correct treatment with your accountant, as they can provide advice specific to your circumstances. You can also refer to our Tax codes help article for more information.

    Regards,
    Earl

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