GST not calculating correctly

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Trusted User ford
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Trusted User
New Zealand
ford
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GST not calculating correctly

When I run the GST report

The amount due is zero and for some reason its entered the amount that is actually payable into box 9 and box 13 of the GST form which is for Adjustments on the calculation sheet

 

4 REPLIES
Ultimate Partner Geoff_
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Australia
Geoff_
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Re: GST not calculating correctly

Hi @ford

 

If it were me I would setup my BAS Report as per the BASlink Help.

 

Just open up BASLink -the the GST Worksheet and press F1

 

Or

 

Refer http://myobaustralia.custhelp.com/app/answers/detail/a_id/9257/kw/BASLink/session/L3RpbWUvMTQ1MjM3Nz...

 

I hope this answers your question?

 

 

Geoff
Busselton Bookkeeping Service
MYOB Certified Consultant, BAS Service Provider
Phone 08 9754 7680
www.busseltonbookkeeping.com.au
Ultimate Partner Mike_James
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Mike_James
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Re: GST not calculating correctly

Hello @ford, check the accounts which are linked to the GST codes in the tax code list. Make sure that the core GST is linked to correct accounts, and that the GST adjustment accounts are only headed for adjustments.


Regards, Mike (mike@datawise.co.nz)
DataWise Limited (www.datawise.co.nz), developers of:
DataWise Report Writer - Custom Reporting from MYOB programs
(Including AccountRight Classic/Live, and exo Payroll)

Trusted User ford
220 Posts
Trusted User
New Zealand
ford
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Re: GST not calculating correctly

You've both lost me completey

I don't have a bas in the accounts section

And I don't know what is the gst adjustment account

Is there some other way I can get the correct figure

 

MYOB Moderator Steven_M
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New Zealand
Steven_M
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Re: GST not calculating correctly

Hi @ford

 

I think the confusion lies in the fact that you are referring to the New Zealand based program and the information provided somewhat is based on the Australian based program. To avoid this confusion I've moved your post through to the New Zealand based GST board

In terms of your GST report, when you go to Accounts>>Prepare GST Return do you have any accounts linked in GST Out Tax Adjustment and GST Input Tax Adjustment?


Kind Regards,
Steven
MYOB Client Support
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