BronnieS
8 years agoUser
I have found a way to make this work in MYOB.
I put thru the contracors payments in Payroll, ignoring the gst.
Then I make a 'Spend Money' entry as if I am paying the contractor with gst for the whole amount (this picks up the gst for your return)
and in the same entry (next line) I minus the contractor amount, but this time with an 'exempt' gst, so it cancels out the contractor gross amount and just leaves the gst amount as having been paid. Then reconcile your bank payment to contractor- include the payroll payment and the 'cash' gst payment - Wolaa, Payroll is correct, gst is picked up and bank reconciles.
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