GST paid and received

Question

I have just moved to MYOB Business light, and have a single GST account, whereas I had GST collected, and GST paid in my previous accounting software with a header account I paid out of. Why did the conversion not set it up the same? And how can I do it now? I have a balance in my GST account currently.

doreen_p · Answer

Hey user113,
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The MYOB Business version keeps things simple so the net GST on your BAS always matches what shows in your ledger, which is why the conversion didn’t rebuild your previous structure. You can also check out the FAQs from this link for more info.
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Cheers,
Doreen

user113 · Answer

Thank you. I will leave it as is, and trust it will separate it into the correct places for the BAS.

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GST paid and received

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