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MYOB Essentials

GST reports for debtors and creditors

Sachin
Experienced Cover User

28Posts

26Kudos

0Solutions

28 Posts
Experienced Cover User
New
New

We need the GST reconciliation reports to better the essentials reporting. for eg there is no debtors or creditors GST reports

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1 Comment
Contributing Partner Pete747
7 Posts
Contributing Partner

As with the GST in Accounts Receivable and Accounts Payable in Account Right, this type of report is needed. This is because where a business does not charge GST for all sales, and has Non GST Purchases, it is difficult if not impossible to calculate the amount of GST which should remain on the Balance Sheet at any time.

These reports show a total of GST Included in each Invoice Outstanding at a partivcular date selected, which enables a proper reconciliation of GST to BAS.

Can MYOB Please make this report a PRIORITY . it is needed MORE than some of the frills i see being applied to the software now. Please get serious,

Thanks

Peter.