Solved
TPAR Report
I am going through to make sure all contractors are in my TPAR report and I noticed that some are missing even though the box is ticked in their contact card to report taxable payment. Can someone advise to as to why this might be happening.
Hi MCM
One possible cause could relate to timing. TPAR Reporting is on a cash basis, MYOB invoices are usually on accrual basis. The TPAR report should include suppliers 'paid' during the nominated period. So if supplier invoice in your MYOB is dated 28 June 2020 and they were paid on 27 Jul 2020, this supplier will not show in the 2020 TPAR but should show in the 2021 TPAR.
Regards
Gavin
