GST Credit adjustments showing on return but source unknown

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Experienced Cover User EnergyTS
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EnergyTS
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GST Credit adjustments showing on return but source unknown

For the last few GST periods I have noticed figures in the "Box 13" section of the GST form generated by MYOB  when I "Prepare GST Return" in the "Accounts" section. The amount changed every time and is sometimes very significant. Neither I nor my accountant have been able to determine why this figure is present. Any ideas? (Accountright standard version 2017.1.19.7037)

Kathryn Wright
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Ultimate Partner jenniek
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jenniek
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Re: GST Credit adjustments showing on return but source unknown

Hi @EnergyTS

When click on Prepare GST return - are there accounts in the links for Box 13 and/or Box 9?

This is where this information is coming from - if you have an account other than the correct GST adjustments account linked in there, then MYOB will pick up the months transactions in that account. You may need to clear these links to get the return to produce correctly.

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz
Experienced Cover User EnergyTS
21 Posts
Experienced Cover User
New Zealand
EnergyTS
Experienced Cover User

21Posts

2Kudos

1Solutions

Re: GST Credit adjustments showing on return but source unknown

Hi Jennie,

 

That seems to have been the problem - somehow the incorrect account was in the link area. All sorted now.

Many thanks

Kathryn

Kathryn Wright
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