Could you please let me know the difference between Intergrated Client Account and Integrated Tax Account.
Which account includes what ?
What financial year closing balances for each account stand for ?
Thanks
Hi @Mel143,
An integrated client account is a tax account used for business related transactions. This can be things such as activity statements. Income tax accounts are another tax account type mainly used for income tax returns. As for the closing balances, this would just be the balances at the end of the financial year for accounts.
Hi @Mel143,
An integrated client account is a tax account used for business related transactions. This can be things such as activity statements. Income tax accounts are another tax account type mainly used for income tax returns. As for the closing balances, this would just be the balances at the end of the financial year for accounts.
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