Which Account do I post ATO Interest or the ATO GIC to?
The following accounts can be used for ATO Payments and receipts
| Payment Type | Account Code | Account Name | Further Help |
|---|---|---|---|
| ATO Interest Received | 25100 (or 25000) | Interest Received ATO General Interest Charge | How to Enter Interest Received |
| ATO Supervisory Levy | 30400 | ATO Supervisory Levy | |
| Interest Paid - GIC | 37700 | Interest Paid - ATO General Interest | |
| PAYG Instaments / ATO Tax Payments / ATO Tax Refunds | 85000 | Income Tax Payable/Refundable | PAYG Tax Instalments |