Setting up companies for PTRS

Setting up for PTRS in MYOB Greentree is as simple as selecting a few checkboxes. You need to set a company as a reporting entity, which generates and submits PTRS reports on behalf of itself and its consolidated companies.

Consolidated companies can also be foreign entities – e.g. if you have a New Zealand sub-company that purchases from an Australian supplier.

1. Log in to MYOB Greentree as the company that will be the reporting entity.

2. Go to System > Accounts Payable > Module Control.

3. On the Main tab of the AP Module Control form, select the Required to Report under PTRS checkbox.

   

4. In the Companies to consolidate list, select the companies that should be included in PTRS reports.
   By default, the reporting entity company itself is selected. If the reporting entity company only oversees other companies and doesn’t have its own payments to report, you can deselect it.

   

5. Save your changes.

   For the consolidated companies, saving your changes makes the PTRS options uneditable on the AP Module Control form. It also says which company is the reporting entity.