Question

How to set up Novated lease ?/

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QuickBooks Online

Hi nalina,

A novated lease will be set up as a Pre-Tax Deduction in QuickBooks Payroll.

Here's a guide on how to set this up: https://quickbooks.intuit.com/learn-support/en-au/payroll-and-stp/setting-up-deductions/01/353870

However I would recommend reaching out to an accountant or bookkeeper to ensure that this is set up properly for your needs.

Bonny