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One of our creditors's invoice was paid from "pay bills" but also was entered from "Spend Money", recurring transaction was used when it was paid from Banking. As the GST period was locked. If I reverse the the payment from "spend money" will it affect GST payment, how should I fix this problem? Thanks!
Solved! Go to Solution.
Depending on your circumstances you could look at reversing that Spend Money transaction into the current GST period. This done via:
Alternatively, you could look at entering the opposite of that transaction i.e. a Receive Money in the current GST period.
If you are unsure which option would suit your needs and reporting requirements I would recommend speaking to your advisor.
Do let us know how you get on and if you require further assistance.