Forum Discussion

shau's avatar
shau
Experienced Cover User
6 years ago
Solved

The correct way to record pre-GST sales and purchases?

Hey my tax accounting friends. If I'm a non-GST-registered sole trader, when using MYOB AccountRight, which tax code do I use for purchases from GST-registered suppliers, and which tax code do I use ...
GST
tax
tax code
  • GDay53's avatar
    GDay53
    6 years ago

    shau 

     

    Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

     

    If you are not registered then I would use N-T (not reportable) as you don'y have to do BAS reporting.

     

GDay53's avatar
GDay53
Ultimate Cover User
6 years ago

shau 

 

Welcome to the MYOB Community Forum, I hope you find plenty of useful information.

 

If you are not registered then I would use N-T (not reportable) as you don'y have to do BAS reporting.

 

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