Hi I am doing banking and would like to know if there is a list of recommended actions and gst codes example im transferring money to a contingency account = out of scope

Hi info1370,

I recommend contacting a certified bookkeeper or accountant to figure out what tax codes are best suited for different transaction types. You can also refer to the ATO's Simpler BAS GST Bookkeeping guide as a general resource to assist you with this.

Bonny