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JANELLE's avatar
JANELLE
Experienced Cover User
3 months ago

NOVATED LEASES FOR EMPLOYEES

We have an employee wanting to purchase a private vehicle through a Novated Lease. How do I set his payments up in STP Payroll.  Your assistance with this would be appreciated.

 

Regards

Janelle

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  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    3 months ago

    Hi Janelle,

    Thanks for your detailed post. When you begin a novated lease agreement with an employee, your MYOB software will guide you through a one-time setup process. This streamlined setup covers everything you need, with most tasks automated for your convenience. For detailed instructions, refer to our help page on this topic. Novated car leasing.

    Feel free to post again, we're happy to help!

    If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.

    Regards,
    Earl

    • BYBookkeeping's avatar
      BYBookkeeping
      Trusted Cover User
      2 months ago

      Everything I'm searching for, from MYOB regarding Novated Leasing, links to FLARE.

      What about your clients who don't want to use FLARE.

      This is very frustrating MYOB.

  • Doreen_P's avatar
    Doreen_P
    MYOB Moderator
    3 months ago

    Hi Janelle,

     

    With your question, I highly recommend reaching out to FLAR for more information. Feel free to create a post again if you encounter issues in the future.

     

    Best regards,

    Doreen

    • Prue3's avatar
      Prue3
      User
      12 days ago

      Hi Doreen,

       

      How to set up correctly in MYOB when the novated lease company isn't Flare please?

       

      Thanks,