Is there a way to set up a novated lease arrangement for an employee without registering with Flare?
Hi KNIGHTH,
MYOB requires integration with Flare to manage novated lease arrangements. Without registering with Flare, there isn't a built-in option to set up novated leases in the system.
For further details on novated leases and how Flare works with MYOB, please refer to this link: Novated car leasing
Regards,
Sai
Hi KNIGHTH,
MYOB requires integration with Flare to manage novated lease arrangements. Without registering with Flare, there isn't a built-in option to set up novated leases in the system.
For further details on novated leases and how Flare works with MYOB, please refer to this link: Novated car leasing
Regards,
Sai
Hi Isaiah_C
Strange you should say that. MYOB does have payroll categories. It even provided instructions in the past on how to set it up. It might not be a built in option, but can be done, just needs to be set up right. Combination of salary sacrifice deductions, taxed and untaxed payroll categories etc.
Regards
Gavin
Hi KNIGHTH
Just wondering if you managed to set up your novated car lease without Flare? We have set up novated car leases in MYOB however have a balance left over the in novated lease liability account as the payments made to the lease company cannot be cleanly offset against the deductions taken from the employee due to GST.
Thanks
May
