Forum Discussion

winthropdc's avatar
winthropdc
Cover User
11 months ago

Unable to enter Residential Rental Statements as a single transactions

The transaction we are trying to enter is a monthly residential property rental statement, this is usually a net sale (more funds coming in than out).   We have tried entering the statement as a si...
rent
rental
DuncanS's avatar
DuncanS
Ultimate Partner

winthropdc Genreve_S 

 

One of the reasons for Simpler BAS is to reduce the GST Codes to 2 ie GST and N-T.

 

Totally agree with your logic, but the need to report a $10 Bank Fee on a BAS was unnecessary.

 

Let me know.

 

Duncan

Celia_B's avatar
Celia_B
MYOB Staff
10 months ago

Hi winthropdc,

 

May we know how you go on with this issue? Do you still need further assistance? Please feel free to contact us again or create a new post if you still have questions or concerns. Rest assured that one of the Community Forum will be happy to help you. 

 

Kind Regards, 

Cel

 

  • winthropdc's avatar
    winthropdc
    Cover User
    10 months ago

    This will be solved when development fix the warning to allow negative amounts (rental fees) to be Input Taxed on a sales transaction.

     

    Please confirm once this change has been made and published.

     

    Thanks

Looking for something else?

Search the Community Forum for answers or find your topic and get the conversation started!

Community home

Dig into MYOB Academy for free courses, learning paths and live events to help build your business with MYOB.

 

Related content