GST Return and BAS Lodgement don't match
I hope someone can assist. I went to prepare and lodge my BAS Statement, but the statement "GST on purchases" amount does not match the GST Return and the GST Report amounts. (Both the GST Return a...
Forum Discussion
Hi LucyMik,
Totally get how that felt off-track, you were asking about product mapping and kept getting pushed into tax advice. If you’re asking which tax code to use on a transaction, we’d point you to an accountant, but if you want to know what goes to G10 in the return report, I’m happy to fill you in.
Capital purchases are usually tagged with the CAP tax code, which is what pulls those amounts into the GST return. If a capital purchase is shown in the GST report but not in the GST return, it’s usually down to the transaction type (bill/invoice), your accounting method and dates, or BAS timing. To sort it out, make sure the transaction’s categorised and recorded with the right tax code and transaction type. Avoid editing or re-coding anything after you’ve started a BAS/GST return because changes won’t be picked up, and then cross‑check your GST Return Report against the GST Report.
Cheers,
Princess
Hi
Thank you for your reply.
The point is that for a capital purchase i used the GCA gst code as per photo attached because there is no other (no CAP as per your message)
and this GCA Gst its not mapping in to G10 return report, thats why the 2 reports are not matching.
So Question why there is not CAP Gst code in the dropdown list to choose in the first place?
And why the GCA GST code on capital acquisitions does not mapping in the return report and only shows in the GST report
Hi LucyMik,
Thanks for sharing the screenshot. It looks like the default CAP tax code has been renamed or replaced with a custom code (e.g., GCA), which is why it isn’t appearing. As for your second question, the GST Return report only includes default tax codes; consolidated and customised codes aren’t included. Because CAP was customised/renamed to GCA, it won’t show on the GST Return report. To have it appear on that report, please change the tax code name back to CAP.
Please see this help page GST codes then navigate to Edit a tax code for detailed guidance.
I hope this helps!
Regards,
Earl
