Pay-as-you-go (PAYG) instalments are regular prepayments of the tax on your business income. Instalments are usually paid quarterly.
Click this LINK to learn more about PAYG instalments.
The This financial year section of the dashboard shows your tax estimate information based on your income and expense data.
PAYG payments can be entered into Rounded and included in the tax payable estimate.
To add a quarterly PAYG contribution
Navigate to the Activity statements section by clicking on Reports, then Activity statements.
Click the row where you want to add PAYG to
Enter the PAYG amount in the PAYG contribution for the quarter field
Click Save
Remember to download the Rounded mobile app!