Reckon Accounts: How to pay the Australian Taxation Office by Credit Card
Legacy KB ID: 4401
Question
How can I pay my tax liability to the Australian Taxation Office with my credit card?
Answer
Reckon Accounts however only allows payment by a Bank Account for its pay tax functions:
- Suppliers > Tax Activities > Pay Tax
- Employees > Payroll Taxes and Liabilities > Create Custom Liability Payments
To use your credit card to pay your tax liability you will need to either:
- Use a bank clearing account; or,
- Setup a Credit Card account as a Bank Account.
Detailed Instructions
Using a Bank Clearing Account
- Create a new bank account and call it Clearing Account.
- Use this Clearing Account to pay your tax liabilities
- Transfer the payment from the Clearing Account to the Credit Card account
- Transfer Funds from your Credit Card account;
- Transfer Funds to your Clearing Account.