How to distribute profit in Myob Essentials

[KJones19]

Hi 

I am new to entering into MYOB, I have Myob Essentials and would like to know how to distribute profit between two partners, if you could please give me a guide that would be great.

[Sean_DC]

Hi @KJones19 

Thank you for your post. May I extend a warm welcome to the MYOB Community Forum.

Kindly check this Help Article, Income allocation, that explains profit distribution on MYOB Business/Essentials. There are steps involved with setting up income allocation by modifying your accounts list and then determining how you want to distribute the income. If you need further assistance with income allocation, I would suggest speaking to your accountant. 

Please feel free to post again. I'm happy to assist further.

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