GST OUT
Hi all, hoping someone can help me while I'm on the long hold to MYOB!
1st issue - GST Paid doesn't reconcile with the Balance Sheet
Client on Cash Basis MYOB AR, I have taken tax outstanding into account & run all exception reports & all ok. I have reconciled last quarter's BAS & outstanding tax payable & all ok. I have checked for any general journals that may have been entered by accountant, nothing. I have no idea how this could be out, any ideas would be greatly appreciated. The only thing different this quarter, we started using purchase orders & converting them to invoices when goods are received. None outstanding at the end of the quarter.
2nd issue - GST reports on live desktop & web version don't match
Not sure if anyone has had this issue before? Because of the 1st issue, I thought I would run the reports on the web version of AR and both GST Collected & GST Paid vary significantly! Both reports run on cash basis. GST Collected out by over $700 & GST Paid out over $500. How can this be?