Investment what area in account list

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Investment what area in account list

Just like to ask to were to put investment in account list is I have a 1000.00  term investment

so it wouldn't be banking code  would it be other income and if so how do i ajust things with this

in the term investment when it cames to govement interest and with holding  tax.

banking, savings credit card it fine to add or with draw the taxes

 

Thank you

Ian

 

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MYOB Moderator
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MYOB Moderator
MYOB Moderator

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Re: Investment what area in account list

HI @Sneaky21 

 

I recommend having a chat with your accountant, as they would be able to advise you of the appropriate entries to record this investment in your file, as well as which accounts to use.

Regards,
Neil

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