Forum Discussion

AshleighHomann1's avatar
7 days ago

Prepayments between entities

I have two Trust - one is trading and one is for payroll processing.   The trading Trust pays a weekly amount to the payroll Trust, which we have been coding to an account and at the end of the mon...
  • Shella_A's avatar
    5 days ago

    Hi AshleighHomann1,

     

    Your query is quite complex and involves specific accounting practices. It would be best to consult your certified accountant to ensure everything is recorded correctly in MYOB AccountRight for both trusts. They can provide tailored advice based on your unique setup and requirements.

     

     

    Regards,

    Shella