PAYG Instalments

Question

I am using the online version of MYOB and running the BAS reports.&nbsp; But there doesnt seem to be any option to calculate PAYG instalments.&nbsp; Does this version of MYOB do this?&nbsp; If so, how do I adjust the settings to include the calculation of the PAYG instalments on the BAS reports?

shella_a · Answer

Hi anitraw,
&nbsp;
Yes, the online version of MYOB can calculate PAYG instalments. To record a PAYG instalment from the ATO, you can do it by creating either a 'spend money' transaction or a 'receive money' payment in MYOB. You can also refer to this link for more information.
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Cheers,
Shella

anitraw · Answer

thank you but this doeds not answer my question.&nbsp; It is not about recording the payment but calculating the instalment.&nbsp; ie calculating instalment income x instament rate.&nbsp; How is this done by myob in the cloud version?&nbsp; The desktop version does it .... but currently I cannot see where myob in the cloud does these calculations

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