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GST report

Marit

Should the GST report include transactions in the bank account (asset) and from owner contribution (equity)?? Mine does. Never seen that before. Thanks for any help!

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Accepted answers

jenniek

Hi @Marit

If you are on a payments basis for GST, then you should be using the payments based report. Which MYOB are you using? If you are using Essentials - then you need to check your settings to make you are on the correct basis. As long as all this is correct - then yes - all your transactions should show on the GST detail (payments) report. In AccountRight - you just need to choose the correct report.

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Marit

Thanks a lot for your reply. I printed out the IRD return and that shows the correct numbers :-))

jenniek

Hi @Marit

PurpleTiger

Hello @Marit

Thanks for posting.

Which report exactly were you trying to run and which parameters were you using?

For example - Running GST [Detail - Accrual] Report with a date range of 2018 - 2019 and using All cards and card types will pull through all recorded transactions within that criteria.

I would recommend taking a look at a few of these links below for what should and shouldn’t be involved in a specific report.