Where do I enter PAYG instalment

Hi SteveB0000,

Thanks for your question. To record a PAYG instalment from the ATO, you can do this by creating either a Spend Money transaction or a Receive Money transaction in MYOB. You can also refer to Recording ATO payments and credits for more information.

Regards,

Sai

You're confusing generating a BAS report with making a BAS payment . I know how to make the payment and how to categorise PAYG in it.

What I need is a BAS report. This report needs to include the PAYG amount the ATO has prescribed for me to pay each quarter. In AccountEdge you enter this amount in BAS Setup and it appears in every BAS statement at T7 and is added to the GST you owe to give a net amount owed to the ATO. MYOB online has no such functionality. It generates a report that ends with "Net payment or refund" but omits PAYG entirely. You need to add the PAYG amount to MYOB's "net" total to get the total you actually owe.
I just connected MYOB to the ATO and prepared my BAS that way, and I can confirm that this process does have a PAYG section where you enter a prescribed PAYG amount (or prescribed percentage), which is then added to GST to give a true the net amount owed.

So can we agree here that MYOB online 's "Generate BAS Report" doesn't work? It generates a GST report to which you must add your PAYG instalment. The BAS report you save to disk will be incomplete.

Thanks for the reply but you'll need to say a bit more. Can you please explain how either of these would work. e.g.: Create a Spend Money transaction taking the money from [which account?] and sending it to [which other account?] such that when I prepare my BAS it will appear as money owed as a PAYG instalment?

Hi SteveB0000,

Thanks for following up! Where you enter a PAYG income tax instalment depends on what you’re recording. If you’re recording the business payment in your BAS tracking, enter it as a Spend Money transaction and allocate it to your tax or PAYG instalment asset account. As the correct treatment can depend on your circumstances, it’s a good idea to check with your accountant. You can also read more in our guide to entering data in your activity statement.

Cheers,

Princess

Again, thanks for the reply. My business is very simple, I'm a sole trader and my accountant knows less about MYOB than I do. I'm not trying to enter the PAYG payment. I'm not paying anything, yet. I'm just trying to enter the amount the ATO has prescribed as a PAYG liability so that when I run the Prepare BAS routine, the amount appears there as owed to the ATO. It will then get paid along with the GST that I owe when I actually make my BAS payment.

In the same situation

I've been officially told by MYOB Support that there is no option for this within the new ONLINE, cloud based  MYOB Business structure. Needless to say I was pretty annoyed considering we were made to go from a desktop version I had originally paid for outright that had this included and  worked perfectly fine,  to an ongoing subscription that is less efficient and doesn't really cater for a  business structure in its entirety.   The suggestion  was to log a complaintion to their IT department to look into fixing it, which I did. I've heard nothing back.  

Hi EnergyConnect,

I'm sorry to hear you haven’t received an update after raising this, especially when you’re trying to include the ATO-prescribed PAYG instalment in your BAS report. I’ve checked your case, and our team suggested sharing this on the MYOB Business Ideas Exchange so the suggestion can be considered.

Regards,

Sai

Thanks for getting back to me. I did contact them about the issue, suggesting they look into it,  and Amanda from the Community Forum answered me on 3.9.26 thanking me for the idea and advising she will be sharing this one with the product team. She also updated the status to “open” for other members of the community to vote and add weight to the idea. 

That’s the last I’ve heard. I didn’t expect another reply other than confirmation that it had been fixed as it’s a pretty big problem for businesses if they can’t create their BAS fields correctly.