sharon_shea
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Joined 10 years ago
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MYOB Tax 2021 international dealings schedule error
When trying to validate a 2021 tax return with an international dealings schedule, I keep getting an erorr IDS.440455 in relation to information completed for amounts borrowed, loaned, interest, guarantees etc. All information has been cleared from these relevant fields but it's wanting me to say Yes to question 11 on the tax return. Is there a field that I've missed clearing? This taxpayer does not have any financial dealings of the sorts listed so whilst it will validate when ticked Yes, the actual answer to Question 11 on the international dealings schedule should be No. This client only deals with purchases and sales of products, but does this mean it should be ticked Yes? Thank you in advance for your assistance.MYOB Assets Small Business Pool is writing off assets over the instant asset threshold
The SB General Pool in MYOB Assets appears to be writing off, in full, an $88k asset purchased in October 2019 (before the threshold increased to $150k). Is there a way to have the normal SB General pool rates apply to this asset?Solved