GST blowout
I have recently migrated from MYOB AccountRight to MYOB Business Lite.
In checking all my accounts and balances everything was correct. I have a few issues this is one.
I have always used MYOB from my desktop, so looking at the online version of MYOB lite is different, and I will take a little time to get used to it.
I have been changing a few settings and may have changed a setting in my GST.
When I first migrated the GST in Pic 1 is correct. Today the GST collected and paid is showing as Pic 2 this is incorrect. It's like the GST is calculated on the dashboard over a longer period than 3 months.
Does anyone know what I have done to make the GST show these balances and what I can do to fix it?
Pic 1Pic 2
Hi Memyselfk,
The GST balance on the Dashboard shows the running total of the GST balancing account (or GST collected/paid accounts) for the previous calendar month. This figure is based on the GST reporting setting under Report Settings > Business Settings and can be either a cash or accrual figure.
If you need the GST data for a specific date range, it would be best to run the GST report instead.
Regards,
Genreve
