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 init...
Thanks Alan.
Forum Discussion
Hi yoshu
There are a number of ways that you can handle this and I would highly recommend that you speak with your tax professional to ensure you follow their advise.
I would probably create a normal bill for the amount of electricty you have used ($483) and then do a separate credit note for the small business offset. Then as each new bill arrives, you can match it against the credit note. The reason I would do it that way is it is a bit cleared if you are reviewing the transactions later.
Regards,
AlanT
Thanks Alan.
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