rallytone
4 years agoExperienced Cover User
WA Apprenticeship Employer Incentive Payment processing
Hi We have just received an Employer Incentive payment for an Apprenticeship Commencement. How should I process this payment in MYOB? Regards
- 4 years ago
Hi rallytone
Thanks for your post. From an AccountRight perspective you could record a Receive Money transaction. Generally speaking these types of payments are allocated to an Other Income account. However, I would recommend checking with your accountant about the account and tax code to use to ensure it is reported correctly.
Please let me know if you need further help.
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