How to set up GST Clearing Account
I'm attempting to create my first BAS report. In Report Settings it asks me to choose my GST clearing account and the Help suggests creating a new liability account and choosing that. However, in the...
Forum Discussion
Hi SteveB0000,
From what you've described, it seems that there is already a "GST Liabilities" account in the system. However, since you're unsure about the setup and it's not appearing in the dropdown for BAS, it's best to consult with your accountant. They can ensure that the account is correctly configured, whether it's a header or detail account, and that it aligns with your GST and BAS reporting needs.
Regards,
Sai
