GST

10 Topics

GST Details-Cash (Memo Column error)
Hi MYOB, For your assistance. MYOB Tech team just assisted me to check the Memo Column under GST_ DetailsCash Report. If I am going to filter the "Customer" under this Report and going inside the Receive Payments, the amendment done is reflected in Memo Column of GST _Details Report. However, if the filter is changed to Supplier, and subsequently the memo under Paid Bills is edited/amended, why the Memo Column under the GST report is not updating? Which is unlike the Customer, any changes in the memo are updating. See attached. As per your Tech Team, it is a limitation of MYOB. But I believe that this flaw can be resolved or added by the Developer because in one Report, the customer category has the option to update the memo while the Supplier cannot. Best Regards, Sheila
Seng_Da
25 days ago Place MYOB Client Accounting
8Views
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0Comments
Adjusting GST on Purchase in Lite
Hey Guys How do I adjust GST when entering a purchase where the GST amount calculated doesn't match the bill
Solved
Teepee75
6 months ago Place MYOB Business: Sales and Purchases
75Views
0likes
3Comments
1st GST return
Question re GST return for Oct/Nov 24 period. We finished using our previous accounting software end Oct 24, so our MYOB data only starts from Nov 24. I'm trying to assemble a GST return for Oct/Nov 24, but MYOB does not have data for Oct 24. How do I add GST data from Oct 24 into the return for GST return for Oct/Nov 24? Thanks.
Solved
Kh200014
6 months ago Place MYOB Business: Getting Started
61Views
0likes
3Comments
GST included for Categorisation Template
Hi, When creating a Categorisation Template for allocating Bank Transactions, is there a way to have the dollar amount entered in the template INCLUDE GST, rather than EXCLUDE it? Currently it excludes, so I have to add GST when entering the dollar amounts. Thanks. (based in NZ)
Solved
Kh200014
6 months ago Place MYOB Business: Payroll & MYOB Team
38Views
0likes
3Comments
GST Reporting
Hi there, We have recently switched from reporting our GST on a cash basis to an accrual basis to the ATO, how do we go about reconciling the difference for that initial reporting period? Regards
simonehart
2 years ago Place AccountRight: Accounting & BAS
130Views
0likes
1Comment
Tax Codes in Charts of accounts
Hello everyone, I been using MYOB for a Year or so Now. When I have started my business in last FY, I was not registered with GST. So, I left everything as N-T in Tax Codes and charts of accounts. In this FY, I was not expecting income to go over $75K thresold till end of december 2022. So, I left it as it is. But Now, From 01-01-2023, I have registered for GST as I am expecting it to go over $75K. So, i have changed my settings to YES for GST. Now, the problem is, As shown in the picture attached, in the Charts of accounts, How I should decide that, in which accounts I have to keep tax codes as N-T and in which accounts I have to change to GST..? or should I have to change all accounts tax codes to GST in the charts of accounts..?? Please provide as much details as possible. I like to learn to earn more effectively.
gujjuscleaning
3 years ago Place MYOB Business: Accounting & BAS
923Views
0likes
3Comments
Import Invoices $115.01
Hi Looking for help importing customer Invoices. If the value of Invoice importing is $115.00 - MYOB is importing value as $115.01. Causes pain when customer has their Invoice for $115.00 and paying $115.00 The import fields dont care what vales are in columns GST, GST AMOUNT, INCLUSIVE. Just treats amount as GST Exclusive! MYOB can't help - have tried many ways - hopefully someone can help. Before Covid as not an issue - unsure why it is doing now. Help please otherwise will have to change software......Thank you all who answer - appreciate very much.
MMMplus1
3 years ago Place AccountRight: Sales and Purchases
511Views
0likes
2Comments
Since the last update Supplier invoice is not recognising the supplier preferred GST code
Since the last update the when I've been entering Supplier invoices the system has NOT been recognising the suppliers tax code. I've checked in the 'Buying Details' tab for the supplier and irrespective of which tax code is listed and the preference of 'Use Supplier's Tax Code' is ticked, it is defaulting to the expense account tax code. Is anybody else having this issue or just me?
Solved
Kylie_MHA
3 years ago Place AccountRight: Sales and Purchases
877Views
0likes
6Comments
The correct way to record pre-GST sales and purchases?
Hey my tax accounting friends. If I'm a non-GST-registered sole trader, when using MYOB AccountRight, which tax code do I use for purchases from GST-registered suppliers, and which tax code do I use for sales? (N-T, GNR, GST, other?) I've read conflicting information about the correct tax code to use.
Solved
shau
7 years ago Place AccountRight: Accounting & BAS
1.1KViews
0likes
1Comment
GST Details Report not showing GST from bank payments for home office
Hi, am an MYOB newbie and trying to do my first NZ GST return since starting to use MYOB in April. I have put a number of my expenses through as bank payments rather than raising these as individual bills as I'm only claiming a percentage (home office) or they're DDs (insurance) and I don't get a regular invoice. When I run the GST report however, none of the bank payments are showing up although if I look at them individually they have GST associated to them. Any advice as to why these aren't being picked up by the report.
Solved
RMcCarthy
7 years ago Place New Zealand GST
4.6KViews
0likes
6Comments