Zoho Books allows you to withhold PAYG when ABN is not quoted by a vendor. While recording payment for a bill, you can enter the PAYG withholding amount and deduct it. To do so, kindly follow the instructions below:
Now, go to the Reports module and select Tax Withheld Summary report under the Taxes section, to view the PAYG withholding amount.
Note: The value for Box W4 in your BAS Report, will be the total of the Tax Withheld Summary report of the financial year.
Simplify accounting and