Forum Discussion

Member

2 years ago

Solved

GST on Dashboard

Hi Where is the GST amount displayed on the dashboard filtered in from? I have a client and their GST is showing a large amount doesnt appear to be correct?

Genreve_S
2 years ago
Hi ElleHall,

Welcome to the Community Forum.

The GST amount shown in the dashboard is based on the running balances of your GST Collected and GST Paid linked accounts. For further details for all the information shown in the dashboard, I recommend reading through the article 'The New Dashboard'.

Let us know if you require further help.

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

Thanks,
Genreve

Genreve_S

MYOB Moderator

2 years ago

Hi ElleHall,

Welcome to the Community Forum.

The GST amount shown in the dashboard is based on the running balances of your GST Collected and GST Paid linked accounts. For further details for all the information shown in the dashboard, I recommend reading through the article 'The New Dashboard'.

Let us know if you require further help.

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

Thanks,
Genreve

AliHug
Contributing User
2 years ago
I have exactly the same issue and cannot see any logic when I know I am up to date with GST payments.

Reading the information on New Dashboard does not help.
- Mike_James
  Ultimate Cover User
  2 years ago
  Hi AliHug , the moderator's reply indicates that the dashboard displays the running balance of the two GST accounts. If you want the display to reflect current GST only, then when you file a GST/BAS return, you need to transfer out the GST content from those two accounts to a GST liability account, and code the payment to that account. Then the balance remaining is current GST only.
  
  If you haven't been doing this, then an adjustment can be done at any time, with care.
- Shella_A
  MYOB Moderator
  2 years ago
  Hi AliHug,
  
  I appreciate your effort in checking our help article. The figures in this section reflect the current running balances of your linked GST Collected and GST Paid categories. You can compare these balances with the general ledger report for these categories and see the transactions that make up these amounts. Ensure the report's accounting method matches your GST reporting method and the report date is set to today. For more details, refer to our article on how GST figures appear in the dashboard. Manage linked accounts accordingly.
  
  Feel free to post again anytime you require further assistance.
  
  If my response has answered your inquiry, please click "Accept as Solution" to help other users find this.
  
  Kind regards,
  
  Shella