GST blowout

Question

I have recently migrated from MYOB AccountRight to MYOB Business Lite.

In checking all my accounts and balances everything was correct. I have a few issues this is one.

I have always used MYOB from my desktop, so looking at the online version of MYOB lite is different, and I will take a little time to get used to it.

I have been changing a few settings and may have changed a setting in my GST.

When I first migrated the GST in Pic 1 is correct. Today the GST collected and paid is showing as Pic 2 this is incorrect. It's like the GST is calculated on the dashboard over a longer period than 3 months.

Does anyone know what I have done to make the GST show these balances and what I can do to fix it?

Pic 1Pic 2

Genreve_S · Accepted Answer

Hi @Memyselfk,

The GST balance on the Dashboard shows the running total of the GST balancing account (or GST collected/paid accounts) for the previous calendar month. This figure is based on the GST reporting setting under Report Settings > Business Settings and can be either a cash or accrual figure.

If you need the GST data for a specific date range, it would be best to run the GST report instead.

Regards,
Genreve