Hi,
I switched over from MYOB to QBO almost a year ago and I am having trouble recording a BAS payment.
I have set up a weekly EFT transfer to my ATO income tax account so that when I lodge a BAS with the ATO they automatically draw money from that account for the payment.
I have set up an account in Owner's Equity called "Income Tax Payment", this is the account I record the EFT transfer to the ATO on a weekly basis.
My problem is that when it comes to recording a BAS payment in the QBO GST menu for a lodged BAS, under the "from account" dropdown window it will only give me an option to select a bank account and not the Owner's Equity account I have recorded the ATO EFT weekly payment.
Have I set this up wrong? Any help would be greatly appreciated :-)
