Most RecentMost LikesMost ViewedHandling a share portfolio This article explains a method for keeping track of a share portfolio. ATO INTEGRATED CLIENT ACCOUNT Easy steps for Tax and BAS Agents with access to the ATO Integrated Client Accounts, to reconcile this account. Wine Equalisation Tax (WET) for wine wholesalers If you're a wine wholesaler, this article explains one way of handling WET in your MYOB software. Receiving share dividends *Updated 17/01/2025 If you're looking for a way to record share dividend receipts, this article might be for you. Deferring GST on imported goods (Australia only) The GST deferral scheme is typically only available to businesses who lodge monthly activity statements, and it results in the GST on imported goods being deferred from one BAS reporting period to the next. Reconciling your MYOB Pay Superannuation As promised in my previous blog post, here are some additional tips on how to reconcile your super. Consolidating reports for multiple company files If you're looking for a way to generate consolidated reports for multiple businesses, here's a method which might work for you. Wine Equalisation Tax (WET) for cellar door sales If you sell wine at the cellar door, this article explains one way of setting up your MYOB software to handle WET. Business purchases with a private use component (Australia only) When a business purchase is made and a proportion of the purchase is for private consumption or a non-deductible business expense, the amount of GST credit claimed needs to be adjusted. Retention Money – don’t let clients steal your cream! What is retention money and how does it work? Here's my take on it...
