Forum Discussion

MT82's avatar
MT82
23 days ago

Importing general journals with GST

Hi. A new entity we have acquired applies full GST to accommodation revenue for the first 27 nights and concessional GST for nights thereafter. This is recorded in a property management system, from which I import general journals for each day into MYOB AccountRight. 

 

Specific GST amounts are contained in each line of the import, but it seems the standard 10% is being applied in the resulting general journal.

 

I am thinking that there must be some setting in AccountRight which allows GST to be over ridden with amounts contained in an import file. Is this correct?  We have another entity with the same GST structure and its imports appear to reconcile perfectly. As I am not an admin, I can't see this level of setup.

 

Can someone advise please? Thanks.

1 Reply

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator
    23 days ago

    Hi MT82,

     

    It does sound like AccountRight might be defaulting to the standard 10% rate.

     

    Even if your import file includes the exact GST amounts, AccountRight can sometimes default to the standard 10% code if the tax code column isn't lining up with what's set up in the system. It's a good idea to double-check that the tax codes in the file (like GST, FRE, GNR, etc.) are matching your chart of accounts setup.

     

    Since you mentioned you're not the admin, it might be worth having your admin check the import settings too. There could be a setting or permission controlling whether those GST values can be overridden.

     

    Also, it's a good idea to check with your accountant to make sure everything's being reported correctly.

     

    Regards,

    Sai 

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