Thank you for visiting our Partner Zone. This area is an exclusive space for MYOB Partners. Find out how to Partner with MYOB.
My husband is a sole trader. He has received a tax refund from the Tax Department. We didn't actually receive the money they just applied a credit to our GST.
How will I enter this into my myob. I am using Account Right Plus.
Thank you in advance
Solved! Go to Solution.
A Sole Trader normally would not have a Ledger for Income tax Payable/Refundable.
You would do a Journal Dr ATO ICA/GST Clearing Cr Drawings
Let us know how you go.