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Hi there lopresti,
It's always nice seeing new folks here in the Community, welcome aboard! Let's get the Fuel Tax Credit account set up.
Before adding this to your Chart of Accounts, make sure you've turned on Fuel Tax Credit from the GST Centre. Once you're all set, follow these easy steps:
If you're not entirely sure what's best for you and your business, it's best to consult with an accountant.
You may also want to refer to this article about fuel tax credit published by the Australian Taxation Office: https://www.ato.gov.au/business/fuel-schemes/fuel-tax-credits---business/
Drop me a quick reply if there's anything else I can help you with. Cheers!
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