MYOB account code for CFB Cash Flow Boost

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Jan75
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Contributing Cover User
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MYOB account code for CFB Cash Flow Boost

Good day,

 

I have just lodged our March BAS and we have received the CFB, could someone advise which account code this is to be allocated to ?  Assuming Asset Account ?

Thank you

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LlisaB
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Re: MYOB account code for CFB Cash Flow Boost

I have also received CFB payment. Do I enter as an 8 account - Income Other “ CFB Payment” with N-T Code?

Neil_M
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MYOB Moderator
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Re: MYOB account code for CFB Cash Flow Boost

HI @Jan75  & @LlisaB 

 

This is something you will need to discuss with your accountant. They will be able to advise you of the appropriate account and tax code to use when recording the receipt of the CFB

Regards,
Neil

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