Hi How best to set up coding for Scheduler payments? IRD in the tax return breaks out Scheduler payments with the WHT from other income - how best to set up this scheduler payment income - the WHT has its own account - should there be an income account called "scheduler Payments sales" or such?
Hi bookiemaria,
Thank you for your post, and welcome to the Community Forum!
It sounds like you're dealing with specific tax implications related to these payments, particularly regarding the withholding tax (WHT) aspect. However, it's important to note that we're not accountants, and providing specific accounting advice is beyond our expertise. To ensure that you're setting up your income accounts correctly and meeting your tax obligations, we recommend consulting with your accountant or a tax professional.
Feel free to create a new post again if you need further assistance in the future,
Cheers,
Princess
