FelicityEvelyn
2 years agoContributing User
Airtasker Income and Expenses
I have a question around Air Tasker Income.
What is the best way to enter this into MYOB? Tax Advisor has instructed to report ALL the income, including the service fee - However the service fee is taken out by Airtasker before the money ever hits your bank.
If I enter the task as an invoice and record the WHOLE Amount including service fee on the invoice, then the money that comes into the bank doesnt fully clear the balance of the invoice.
Income
Less Service Fee
= Amount recieved in bank.
If I enter the Service Fee as a negative in the Invoice, then the expense isn't correctly recorded.
No judgement please, only new at this but any help I can get would be greatly appreciated.