Hi there,
Can some one please help with folwing.
I work for a not for profit company and our employees do salary sacrifice. As a part of there salary sacrifice they have a meal card. it has a fees of $4. recently our salary sacrifice partner contacted me and asked to pay them input tax credit amount for last month, it is total of GST that is charged on meal entertainment card fees to every employee. I have also do my investigation that after paying them, we as a company can claim this amount in our BAS.
But my question is how do i record this payment in MYOB as a journal entry, we are going to pay it to salary sacrifice company and claim back in BAS. If some one can please help in this regard, will be fantastic.
Thanks in advance