LisaD1
3 years agoExperienced User
$1,500 Small Business Rebate Scheme
Hi. We have claimed for and received a Covid-19 grant from Service NSW as a relief payment for fees and charges we have paid since 1/4/21. Can anyone help me to correctly enter this payment into MYOB? We claimed it against the cost of registration of one of the fleet trucks. Thanks. Lisa
Hi LisaD1
Thanks for your post. From an AccountRight perspective you would record a Receive Money transaction for the funds received. However, you will need to speak to your accountant about the allocation account and tax code to ensure that it is reported correctly.
Please let me know if you need further help.
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