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Marisa_D85's avatar
Marisa_D85
Member
1 day ago

Client has sold business. Advise on recording sales income from new owner.

Hello. Client has sold his business, the new owner is making several small payments over time. The accountant is aware. How do i record these transactions for the BAS to be processed please? If someo...
Genreve_S's avatar
Genreve_S
MYOB Moderator
1 day ago

Hi Marisa_D85, 

 

Good question, the software can handle this pretty simply.

You can record one invoice for the full amount like normal, then record each payment against that same invoice as the new owner pays you. The system will treat them as part‑payments and keep track of what’s still owing.

 

If you’d like to see the click‑by‑click steps, check the “To manually enter a full or part payment” section in this help article:
 https://www.myob.com/au/support/myob-business/sales/receiving-payments?productview=Browser



Regards,
Genreve

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