GST report
I just migrated from AccountEdge to Business Pro. Can someone help me explain how the GST Report has a different figure for GST paid from what is shown on the GST Return, even with exactly the same s...
Forum Discussion
Where it's going awry is that I had an invoice (actually for insurance premiums) where the GST was not 10% because part of the premium was not related to Australia and hence GST free. I entered this as one line with an altered GST amount. Now that I know this, I can fudge it in future by using two lines - one for the full GST component and one for the free component. That will work but is extra input and involves me calculating the notional amounts before entering. Slightly less than satisfactory.
Hi Davoinoz
We do recommend that GST and GST free amounts be entered as separate lines for audit purposes.
Please don't hesitate to post again if you need help in the future.
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