IAS payment

Options
Nia
Nia Member Posts: 17 ✭
edited August 2020 in Accounts Hosted
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,
Nia

Comments

  • John G
    John G Reckon Staff Posts: 1,570 Reckon Staff
    edited March 2017
    Options
    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.  

    regards,
    John


  • Nia
    Nia Member Posts: 17 ✭
    edited March 2017
    Options
    Hi John,

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

    Regards,
    Nia
This discussion has been closed.

Categories