Entering Rent Received with Expenses and how it is processed through to BAS
Hi Everyone I have rent received every month, and it does not go correctly through to MYOB's BASlink the way I have tried to enter it. I have tried through Receive Money, and also as a General J...
Hi Kerri
The best thing to do would be
Receive money and record the entire rent to undeposited funds then do a spend money for the expenses to undeposited funds and then do a [repare deposit.
By using the N-T code you are not reporting the income through to ATO so that may also be the issue, I hope my suggestion gives you the solution you need
Lisa
