GST on Bank Transfer
I hav two questions about transaction handling i have just applied for GST in July, my paypal account is only used for paying bills from suppliers when companies don't take Amex. Ie when a transa...
Forum Discussion
Hi Swampy-66,
Thanks for sharing your detailed scenario! For handling transactions like these, it's crucial to ensure that they are accurately reflected in your records and BAS report. Your current steps could be a good approach to handling these situations but discussing them with a professional will ensure that you're meeting all regulatory requirements and accounting standards. While we can provide some general advice, it's important to note that we can't offer specific financial advice. Given the complexity of handling GST and PayPal transactions, it would be best to consult with your accountant or a financial advisor for guidance. I'm sure other members here might have experience with similar situations and could offer some insights.
Here are some helpful links you might want to check out.
Feel free to get in touch if there's anything else I can assist you with.
Cheers,
Princess
