Forum Discussion

Duff_W's avatar
17 days ago

Consolidated Tax Codes

I recently joined MYOB Business Lite and I'm wanting to consolidate tax codes but have been told by support that this isn't possible. There is an existing consolidated tax code so I'm unsure why one can't be created? I need this for retail wines sale (combine GST and WET collected).

 

Existing Tax Code

 

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator

    Hi Duff_W,

    In MYOB Business Lite, there is no option to create a consolidated tax code. The system only allows for combining tax codes, not consolidating them. This means you cannot create a new consolidated tax code for your retail wine sales to combine GST and WET collected. You will need to manage these tax codes separately within the system.

    Regards,
    Earl

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