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JonoNZ's avatar
JonoNZ
Contributing User
2 days ago

Bad Debt & GST

Hi there. On MYOB Accountright I have a bad debt which sits within the current filing period for GST. I have followed the steps so that the amount owed has been allocated to the Bad Debt account inst...
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  • ChrisMc's avatar
    ChrisMc
    2 days ago

    If you wish the bad debt to show in the G13 instead of G11 you will need to amend this manually, see message at bottom of GST Report

    * Box 9 and Box 13 adjustments will not be prefilled and must be included manually

JonoNZ's avatar
JonoNZ
Contributing User
2 days ago

Thanks Chris - we are on invoice/accruals basis. Should that be showing in box 13 on the return automatically then? As of now it does not seem to be there. Do I need to journal that from Bad Debt to GST Input Adjustment at the end of the relevant period?

  • jenniek's avatar
    jenniek
    Ultimate Partner
    15 hours ago

    Hi JonoNZ 

    Unless it is a significant bad debt, I would just let it reduce down the Total Sales and GST Collected, and not worry about putting it through Box 9/13

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