Flare Novated Lease
I'm horrified that MYOB is trying to channel people into using Flare for a novated vehicle lease. They are great until they've got your business, then good luck getting any assistance. 3 weeks on, ...
Forum Discussion
Hi MelHand,
Thanks for your question. I can see why you feel this way since the support experience currently isn't ideal. For a non-Flare lease, you’ll need to set it up manually using the breakdown from the lease provider: a pre-tax deduction, a post-tax employee contribution, and a liability account.
The exact amounts and tax settings depend on the agreement, so please check these with the provider or your accountant. This guide may help:
https://www.myob.com/au/support/myob-business/payroll/novated-car-leasing
Regards,
Genreve
