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oldchuck's avatar
3 years ago

gst reporting method

Hi 

My accounting method has always been cash.

I noticed in the setting that the GST reprting method is marked Accrual? Should this also be cash ???

 

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  • Hi oldchuck 


    Within MYOB Business, under Report settings, the user can select the Accounting method and GST reporting method (either cash or accrual). Setting these up with the method that you do use would cause the reports to default to that setting i.e. having the GST reporting method set to Cash will default the GST report to Cash.  

    Note: It is the default setting, you are welcome to change it at the time of running the report if needed.