Forum Discussion

ABing's avatar
2 days ago

Purchases and payments on behalf of client

Our immigration law practice often makes payments on behalf of clients and is reimbursed for this, i.e. government visa application fees and payments to other government departments. 

 

What is the best way to record these transactions in MYOB?


Thank you.

  • Shella_A's avatar
    Shella_A
    MYOB Moderator

    Hi ABing,

     

    For recording purchases and payments made on behalf of clients in MYOB, it's best to seek advice from your accountant. They can provide guidance tailored to your specific needs and ensure compliance with accounting standards.

     

     

    Cheers,

    Shella

    • ABing's avatar
      ABing

      Hi Shella,

       

      Thank you.

       

      However, there must be a standard category in MYOB where this could be recorded without the help of an accountant?

       

      Thanks.

      • Princess_R's avatar
        Princess_R
        MYOB Moderator

        Hi ABing,

         

        Yes, we have the Spend Money feature to record payments and then create an invoice for the reimbursement. However, we're not accountants, so we can't give specific advice for your situation. Hopefully, someone in the community can help you out.

         

        Cheers,

        Princess