Forum Discussion
Ed1
User
Hi CloverQ
I am experiencing the same issue as Veronika and agree with stubrady
Everything seems to be setup correctly in the background and your explanation that "the GST return report shows the GST summary for Activity Statement purposes" will result in incorrect activity statements being produced as it is excluding capital disposals. In this instance it would've resulted in the activity statement being incorrect by $18,000.
stubrady
3 years agoExperienced User
It's now been over two weeks since ED1 posted and this issue still persists. Is there anyone from MYOB who can provide a solution or some information?
- Tracey_H3 years agoFormer Staff
As explained by CloverQ, the CAP tax code is used to record Capital Purchases. In the GST return report transactions allocated this tax code are included in G10 and 1B as per the ATO reporting requirements. It's not possible to change the set up of that report.
Please let us know if you need further help.