Forum Discussion

efindlay's avatar
efindlay
Contributing Cover User
4 months ago

Novated Lease

Has anyone had success with setting up a Novated lease in MYOB.  All of their help is geared around Flare but I am not using Flare for the lease.  Its an electric vehicle and hence I can generrate GST input credits??  Has anyone done this?

 

Thanks

  • Hi efindlay,

     

    I see you're trying to set up a novated lease in MYOB without using Flare. Setting up a novated lease in MYOB without using Flare can be a bit tricky since most of the help resources are designed for Flare integration. But I found a thread that has some useful information about novated leases that might help you out.

     

    Feel free to get in touch if there's anything else I can assist you with.

     

    Cheers,

    Princess

    • efindlay's avatar
      efindlay
      Contributing Cover User

      Thanks Princess for the reply but the thread just reiterates what I have asked and in fact says MYOB very unhelpful.  I still don’t have an answer to the question which is how to set up a novated lease in MYOB without flare.

       

      many Thanks

       

      euan

      • Princess_R's avatar
        Princess_R
        MYOB Moderator

        Hi efindlay,

         

        I get how frustrating it can be not to have a clear answer. After looking into it more, it turns out you can't set up a novated lease in MYOB without using Flare. The novated lease functionality is integrated with Flare, and this integration is necessary for the proper setup and management of novated leases within MYOB.

         

        Feel free to reach out if there's anything else I can assist you with.

         

        Cheers,

        Princess

  • cia_auseng's avatar
    cia_auseng
    Contributing Cover User

    Has anyone been able to set up a Novated Lease without integrating with Flare

    • efindlay's avatar
      efindlay
      Contributing Cover User

      Yes was able to do it but with absolutely no help from MYOB.  My Novated lease company was able to help set it up for me.  I cant give you advice on exactly how it was done as I didnt understand it fully but it was a fairly simple process.  The annoying thing is that anyone in MYOB would be able to give you the instyructions on how to do it.  In fact there are way more complicated things that MYOB has a help information panel on.  Id suggest they are deliberately told not to help anyone on this matter.