WET is a tricky area of taxation which usually requires assistance from an accounting advisor to set up in your MYOB software.
To learn more about WET, visit the ATO website.
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Updated 9 years ago
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Hi Nivia - Unfortunately, the Wine Industry doesn't count much in the scheme of things for MYOB (or any other accounting software that I know of). I have created a work around that 3 years later we are still using and it's quite successful. It might be of some use to you. If you're interested email me on
jennifer@valleybookkeepingsolutions.com and I'll send you what we are doing.
regards
Jennifer