Forum Discussion

Delpe's avatar
Delpe
Contributing User
2 years ago

General Journal entry not shown on GST report

Hello there!

 

We recently encountered this problem for one of our clients. We did an adjustment to the sales account through a journal entry because he got NZ income in the normal sales account. Therefore we debited the NZ sales portion to the sales account and credited it to the NZ sales account. The issue is when we generate the GST report we cannot see this adjustment/the journal entry either. But in the profit and loss statement we can see the balances and the relevant account. We have checked the tax codes as well. They all seem to be correct.

 

Does anyone know why this happens? Any solution for this?

Appreciate your kind help on this matter! 

Thanks

4 Replies

  • Celia_B's avatar
    Celia_B
    MYOB Staff
    2 years ago

    Hi Delpe,

     

    Thank you for your post and welcome to the Community Forum. 

     

    I understand that the adjustment that you made through Journal entry is not showing when you generate the GST report. In this regard, when you have a debit and credit line in a journal entry with the same tax code it will not show on the GST reports. This is because the debit and credit amount cancel each other and has no affect on the GST account or GST amounts. As to GST reporting, as there is no effect on the GST Accounts there would be no affect for that transaction for the GST Reports. 

     

    If you still need assistance with this, please feel free to post again. We are happy to help. 

     

    If my response has answered your enquiry, please click "Accept as Solution" to assist other users find this information.

     

    Kind Regards, 

    Cel

     

  • Celia_B's avatar
    Celia_B
    MYOB Staff
    2 years ago

    HI Delpe,

     

    We hope this message finds you well. We just want to get back with you regarding your concern in your GST report. If you still need assistance, or if you have questions or concerns, please feel free to create a new post. We are more than happy to help. 

     

    Kind Regards, 

    Cel

     

  • Princess_R's avatar
    Princess_R
    MYOB Moderator
    1 year ago

    Hi sanjeev1234,

     

    Thank you for your post, and welcome to the Community Forum!

     

    If you have the same concern with the GST report, the best way to fix this would be to correct the recorded transactions and determine what tax code you should use. But it is recommended that you speak to your accountant about this matter. 

     

    Feel free to create a new post again if you need further assistance.

     

    Cheers,

    Princess

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