yoshu
5 years agoTrusted User
Electricity Offset
Hi,
We have received an offset from synergy for $2500. Our bill came to around $483 which has been offset and now the balance on our bill is $2017 in credit. How do I enter this on MYOB?
My initial thought is (SERVICE LAYOUT) Electricty account 6-XXXX $483 (GST) and Electricity A/C 6-XXXX $-2500 (FRE). This brings the balance to $-2017 which i will apply to future electricity bills??
Is this the right way to do it?
Thanks Alan.