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April 22, 2020
Question

Hello! What is the GST code for bank fees and interest earned? Thanks!

  • April 22, 2020
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1 reply

April 22, 2020

Hi michelle93,

 

While we can't provide advice on which GST code you should use for your transactions, this resource from the ATO should be able to assist you in determining how you classify these. I would also encourage you check with your accountant or a QuickBooks Online Certified ProAdvisor if you would like further clarification on when to use which codes.

 

-Kass