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Possum2's avatar
Possum2
Experienced User
2 years ago

GST OVERPAYMENT REFUND FROM A PREVIOUS YEAR

Hi,

 

I took over the role of Treasurer for a small NFP last year.  We have received a refund for a GST overpayment  from 2020 that has been sitting at the ATO.  I am hoping someone can advise how I should account for it in MYOB Business Pro Online.

 

Thanks in advance.

Kathy

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      • Possum2's avatar
        Possum2
        Experienced User
        2 years ago

        Sorry, actually I read that, but the issue is that this an overpayment from a couple of years ago and MYOB is accounts are set up with gst collected and gst paid.  Maybe I just create a payment and allocate to tax refund?