nswfra1
6 months agoUser
Balance Sheet GST Liabilities
My business has only registered for GST in the last few weeks (1 Feb), but we've seen GST Liabilities in our Balance Sheet since we first started working with Accounting Software (circa 2016).
How are we able to balance the GST Liabilities to provide an accurate reflection of GST Paid v GST Collected since the date of GST registration?