Newbie Sole Trader - do I create Pay Runs?
Hi there - brand new to running my business (digital sewing patterns sold online) that went from no-future fun hobby to successful trade and my only source of income in the last year. Teaching myself MYOB from the ground up for the past two weeks. I have bank transactions recording my Owners Drawings (allocated to Wages/Salaries Category) but should I also create historical pay runs for myself to prove the money went to me? Can't find any answers from google that don't contradict each other!Solved19Views0likes2CommentsATO Tax Refund for Sole Trader
Hello Community, Hope you are all well. Could someone help me with the correct way I should "Receive Money" for a refund my boss received this year? I want to make sure the account it is distributed to is the right one before I complete my week's reconciliation. So this is slightly time sensitive. I thank you in advance for your time and assistance. P.S. I note we have bold and underline in our Community Forum, however Myob still hasn't put this in the area where we enter invoices...Solved338Views0likes1Comment