Forum Discussion

arttoart's avatar
arttoart
Contributing User
11 months ago

When matching out goings from bank do I need a receipt?

 When matching transactions through Connected Accounts, to my expenses, I am wondering if you need to upload a photo of receipt as well? Or do you only need a receipt if not using your connected acco...
arttoart's avatar
arttoart
Contributing User
11 months ago

So Hans do I still have to keep the receipt for tax purposes is the matched bank transaction enough

Han-Solo's avatar
Han-Solo
MYOB Staff
11 months ago

Hey arttoart​, 

Great question! Solo lets you match receipts to bank transactions for easy record keeping, but when it comes to what you need to keep for tax time, it’s best to check in with your accountant or tax advisor. They’ll be able to confirm exactly what the ATO would expect based on your situation.

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