ContributionsMost RecentMost LikesSolutionsRe: Owners Personal Expenses Thank you, i jave spoken with the accountant and the owner actually consults himself back to the business hence the GST, he does not render an invoice to the business he just draws out money when required. He also puts all personal expenses via the business. I want to be able to distinguish business items and personal items so when the accountant does his BAS it is all included. i have been able to workout what is private and what is business. Im just not sure of the setup in MYOB. thanks Re: Owners Personal Expenses Actually one other question. The previous person doing the accounts, was adding GST to drawings which the accountant said was a way of paying personal tax. If I was to set up as per your suggestion would this still work? Thank you Re: Owners Personal Expenses Thank you much appreciated. Owners Personal Expenses Hi Can someone please tell me if an owner uses his business account for all personal payments. How do you allocate this? Accountant said it should all be consultancy fees. I just need to know what I need to setup in MYOB to record these drawings. Solved