Hi MYOB, When generating reports in MYOB Essentials, the system appears to default to the GST Settings for both the Balance Sheet and the profit and loss reports. These two reports should not...
Hi Alan,
Assuming you are using the 'upgraded' Essentials (using that word loosely), I figured this one out today I think.
If you click on your company name (top right hand corner), select 'Report Settings', and then on 'Business Settings' tab you can set the 'Accounting Method' as either Cash or Accrual, and underneath separately the 'GST Reporting Method' as either Cash or Accrual.
Hope that works for you, and for me (I'm only on day 1 of trying to figure out this downgrade)
Sam