BenBExperienced User6 years agoHow to enter income tax paid I'm an employee. I've always entered my salary as income, paid to my bank account. I've never worried about tax paid directly to the ATO, however this understates my income. How should I enter th...Show MoreDuncanS6 years agoBenB I would include the Gross and Tax in each transaction by a Bank Rule or recurring transaction. Would use a Equity Account called Income Tax Paid.This Account could be transferred yearly to Drawings on receipt of the Assessment. Duncan
DuncanS6 years agoBenB I would include the Gross and Tax in each transaction by a Bank Rule or recurring transaction. Would use a Equity Account called Income Tax Paid.This Account could be transferred yearly to Drawings on receipt of the Assessment. Duncan
DuncanS6 years agoBenB I would include the Gross and Tax in each transaction by a Bank Rule or recurring transaction. Would use a Equity Account called Income Tax Paid.This Account could be transferred yearly to Drawings on receipt of the Assessment. Duncan
DuncanSUltimate Partner6 years agoBenB I would include the Gross and Tax in each transaction by a Bank Rule or recurring transaction. Would use a Equity Account called Income Tax Paid.This Account could be transferred yearly to Drawings on receipt of the Assessment. Duncan
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