Hi community, need some assistance regarding recording expenses based on percentages.
for example when recording a fuel expense I am only able to claim 80% of the gst since i use my vehicle for 80% business. Is there a way to add a percentage column on the expense form?
Hey dandiesel84,
There's no option to add a percentage column on the expense form. For the correct percentage calculation, we recommend speaking with your accountant or bookkeeper. You can also share your suggestion about adding a percentage column on the MYOB Business Ideas Exchange board so it can be considered for future updates.
Cheers,
Doreen
If you are using Bank Feeds with MYOB Business, setup a bank rule splitting the value by percentage. See below bank rule setup for any bank feed for BP station will split the value 80% business and 20% personal
