Kazian
7 years agoPartner
As a tax agent I often use a private GST code especially for sole traders and partnerships. In previous versions of MYOB including business basics it was possible to create a GST Private code which would allocate the GST private portion to owners drawings. Can MYOB create a PRV code in MYOB Essentials that will allocate 10% i.e. the GST of the amount entered with PRV to owners drawings and then the remainder of the amount to an expense account so that three entries aren't required for every expense with a private portion only two?
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