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
Thank you for responding, but this does not help at all.
"The exact amounts and tax settings depend on the agreement, so please check these with the provider or your accountant. This guide may help" - I had hoped this link was going to take me to a guide about manually setting up a lease, since that is what I was asking for. But the link you sent is exactly at the heart of my issue - MYOB pointing me straight to Flare as the solution.
And it is also the very substance of my issue - step 3:
"You'll then be guided through a one-time novated lease setup in MYOB."
I have emailed my salesperson 4 times, the generic email address 4 times, and still getting the run-around and no help with the lease set up in MYOB.
It has been 3 weeks since the lease was set up.
If you are able to provide me with steps to manually set up the lease, then please do that.
