Taxes
In MYOB Advanced, you can store the definitions of taxes, tax categories, and tax zones that are used across the system for automatic tax calculation for every document and transaction. The flexible tax reporting functionality in MYOB Advanced gives you the ability to set up goods and services taxes (GSTs), value-added taxes (VATs), and sales and use taxes. Also, you can configure various types of taxes that are reported but not paid. With the tax functionality, your company is ensured accurate and consistent collection of information for proper tax filing.