IAS payment

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  • Problem
  • Updated 3 years ago
Hi all,

I am using reckon account hosted and really need your helps. I am currently having a problem on recording an IAS payment.
so for example: we have a $20 credit from ATO in our account and our IAS is $100. we have paid $80 (as we got $20 credit in our account).
So how do we record this transaction?
Thank you.

Best Regards,
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  • confused

Posted 3 years ago

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John G, Information Support Analyst

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Hi Nia,

Thanks for asking and I'm sorry no one has got back to you yet.

A couple of questions:
Is the $20.00 credit related to GST?
How have you handled this $20.00 credit with the ATO in your Company File?

The answers will suggest how best to handle your IAS payment.  

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Hi John,

Thank you for your reply.
It is not related to GST
Hope this information helps.