BAS Articles to get your BAS sorted
Hi Everyone As it is drawing close to BAS due date, we thought we would share some of our Help Articles on BAS to aid you in that process. The new AccountRight range allows for the user to prepare their BAS online and file it directly with the ATO online. Our Help Article Prepare your activity statement onlinewould be able to assist with that process. Wish to prepare it locally? Help Article:Prepare your activity statement manually For those clients on the AccountRight Classic range, we do recommend taking a look at the following Help Articles and Support Notes: Lodge your activity statement (BAS or IAS),Checking your BAS prior to lodgement & BASLink FAQs We hope you find these resources useful. As per always, if you are still requiring assistance don't hesitate to post on this Forum.3.2KViews0likes0Comments
Taxes - Variation
Hi, I have had a request from an employee to update their tax witholding as follows: Claim tax-free threshold:Yes Additional withholding percentage:2.00% Education loan withholding:Higher Education Loan Program(HELP) Medicare levy variation:No variation There is no option in MYOB to do this, it can either be - Tax-Free Threshold + HELP - this option doesn't allow me to enter in an additional witholding variation rate. OR Withholding Variation - this option doesn't allow additional tax-free threshold + HELP Can someone please assist/advise on what I need to do? Thank you!Solved1.3KViews0likes3CommentsThe correct way to record pre-GST sales and purchases?
Hey my tax accounting friends. If I'm a non-GST-registered sole trader, when using MYOB AccountRight, which tax code do I use for purchases from GST-registered suppliers, and which tax code do I use for sales? (N-T, GNR, GST, other?) I've read conflicting information about the correct tax code to use.Solved1KViews0likes1Comment
Medicare levy surcharge 1% - additional withholding
I have a new employee who has elected for an additional 1% tax withholding to cover any Medicare levy surcharge for this financial year. I don't see an option to do this in AccountRight. I know there's a field for Extra Tax as a $ value, but not extra tax as a %. Please advise what I should do. Thanks! I have attached a screenshot of the employee's Tax withholding and medicare levy variation selections.Solved1KViews0likes5Comments
Tax2020 Salary and wages multiple payment summaries
Hi all, Completing a 2020 tax return in MYOB AE Tax - I have 5 payment summary schedules and only 3 are coming through to the estimate calculation page, hence tax calculation is incorrect. All are coming through the form and showing correctly, but the final 2 payment summaries gross income amounts are missing from my estimate calcuation. Funny, but the tax on these payment summaries is coming through the estimate? I have deleted the schedules and re-input twice, still doesn't come through correctly. Please help as this will effect a lot of our clients very soon. Thankyou925Views0likes1Comment
NZ Classic & Tax
Is any one else having issues with the NZ tax upgrade, The date has been moved out a number of times and at this rate we will be lucky to get any tax notices to clients as no IRD data for 3 weeks now and no contact from MYOB at all, Assume we will all get a months free subscriptions as unable to use product.913Views0likes2Comments
AO 2121.0 v 5.4.38.41 plus Prefill error 2021 - Object reference not set to an instance of an object.
Hello, There is an individual client whom prefilled and done previous years without any problem. This year prefill gets error; System: MYOB AO Tax Version:2121.0 v 5.4.38.41 Error code: - Summary:Error saving downloaded prefill information. Detail:Object reference not set to an instance of an object. I searched previous tickets. There was a known issue for some cases but his situation does not fit. He is not over retirement age or nor getting super stream income. Will appreciate your support on this matter. Thank you, Sevtap (Suzie)883Views1like2CommentsATO 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...Solved335Views0likes1CommentAttention NZ Accountants – have you booked your place at our free Practice Tax Update 2024 webinar?
JoinJody Sitters, Community Relations Manager for Accountants,andJack Yeung (CA), Solutions Consultant, to learn about the latest legislation changes and updates within your MYOB Practice Tax software. Earn 10 Partner Program status points for attending, plus if you share a photo of your watch party on social media during the event, you can be in the draw to win a $500 office shout (T&Cs apply). 🔗Register now and set yourself up for success in the new financial year:https://lnkd.in/gDjtSsJH
Attention NZ Accountants – have you booked your place at our free Practice Tax Update 2024 webinar?
JoinJody Sitters, Community Relations Manager for Accountants,andJack Yeung (CA), Solutions Consultant, to learn about the latest legislation changes and updates within your MYOB Practice Tax software. Earn 10 Partner Program status points for attending, plus if you share a photo of your watch party on social media during the event, you can be in the draw to win a $500 office shout (T&Cs apply). 🔗Register now and set yourself up for success in the new financial year:https://lnkd.in/gDjtSsJH
