2 years ago
Record Tax - Part Payment
Hi have not long worked for a company and they have been paying off a tax debt from a couple of years ago, the previous bookkeeper was recording payments in Liabilty - Ato payment. I have just receiv...
Hi Shellzz,
Thank you for your post. I'd like to extend you a warm welcome to the Community forum. I hope you find it a valuable resource.
In this case, it's always recommended to speak to your accountant about how to record the payment to ensure the correct reporting of these payments. However, I'll provide you with this Help article, which you may refer to regarding recording payments.
I hope this helps! Please feel free to reach out if you require assistance in the future. I'd be more than happy to help.
Cheers,
Princess
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