Forum Discussion

microheat's avatar
microheat
Experienced Cover User
2 years ago

Why the Payables/Receivables with Tax report is out of balance, but the Reconciliations report is not.

Our external accountant has highlighted that when we run the 'accounts receivable with tax' reconiliation report and also the 'accounts payable with tax' reconciliation report at the end of the year,...
gavin12345's avatar
gavin12345
Ultimate User
2 years ago

Hi lori7626 

 

Ignore the 'with Tax' report and use the Reconciliation report instead. The 'with Tax' reports have a number of bugs and do not correctly handle currency gains/losses or Finance Charges. MYOB will not fix the bugs.

 

Regards

Gavin

lori7626's avatar
lori7626
Member
2 years ago

Thank you both

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