Forum Discussion

SuzanneEmm's avatar
SuzanneEmm
2 years ago

GST - Not For Profit

We have set up or Not for Profit with the prefernce "Not Registered for GST".   However under the Chart of Accounts all the income and expenses accounts are showing "GST" as the default, and conseq...
  • Genreve_S's avatar
    Genreve_S
    2 years ago

    Hi SuzanneEmm, 

     

    Thanks for posting your concern in the forum. 

     

    I understand how important it is that transactions are recorded with the right tax code. Generally, if the file is set in the Business settings > GST settings tab window as not registered for GST, all transactions recorded will not have any GST on them. I suggest checking this window to make sure the settings are correct. 

    Let us know if you require any further assistance with this. We're happy to help. 

     

    Thanks,

    Genreve

Genreve_S's avatar
Genreve_S
MYOB Moderator
2 years ago

Hi SuzanneEmm, 

 

Thanks for posting your concern in the forum. 

 

I understand how important it is that transactions are recorded with the right tax code. Generally, if the file is set in the Business settings > GST settings tab window as not registered for GST, all transactions recorded will not have any GST on them. I suggest checking this window to make sure the settings are correct. 

Let us know if you require any further assistance with this. We're happy to help. 

 

Thanks,

Genreve

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