Recording GST Refund from ATO
How do I record the breakdown of the amounts in my BAS. I know I can split the transaction but how do I record the GST owed by ATO (1B)?
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While our team here are experts on all things Solo, we're not quite experts on personal accounting advice. That's best left to the actual experts, aka accountants and bookkeepers.
Your best bet is to chat with your trusted financial advisor for guidance on how your GST refund from the ATO needs to be recorded and categorised. Once you have that info and you need the steps for how to do that in Solo, that's where we come in! 🦸
You can also invite your accountant or bookkeeper to your Solo account, and they'll be able to check out your reports and records on a special portal and make small tweaks if needed. Just tap More -> Share access in the app, and send them an invite 😄
