Not Registered for GST Not Working In MYOB Business Pro
I am not registered for GST and have selected that I am not registered for GST in MYOB Business Pro, Business settings > GST settings. When I go to enter my first inventory item, the tax code is set to N-T with a yellow warning that the tax code needs to be updated because I am not registered for GST (weird). However, all items are set to N-T in the chart of accounts, and when I go to enter my second item, the tax code is greyed out and set to INP. Is this a bug, or have I overlooked something?640Views0likes6CommentsTax 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.Report: Profit & Loss - Show tax inclusive values
I personally don't agree with it. As I've worked in the accounting industry all my life and I know why management reporting and everything is given ex-GST but I've had a few clients come to me with the request to have reports inclusive of GST and they say it will help with cashflow forecasting for themselves in real dollars as opposed to "ex-GST" dollars. So the main reports I'm looking at are the Profit & Loss reports and the Job Profit & Loss Reports at the moment.. But I'm sure other people might find other reasons for them. "GST Inclusive Reports"6.7KViews6likes10CommentsImport 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.503Views0likes2CommentsSince 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?Solved823Views0likes6CommentsReport: GST report for activity statement - Quarter/annual selection rather than date
Myidea is to improve the usability of the 'GST Report for Activity Statement'. As all GST reports are either quarterly or annual it would be easier to have a selection such as 'last 3 months' or 'last 12 months' to automatically choose a relevant date range. Similar to the wayGoogle Analytics allows users to select a pre-determiend range (see screen shot). "GST Report improvement"2.9KViews2likes4CommentsIn-Product Messaging: Alert that BAS/GST is due soon
One of the biggest pain points for any Accountant / Bookkeeper is clients who leave it till the last minute to send information in or update the coding in their live files. What if an option was added to Essentials / AccountRight Live where the Partner can send a "Your tax is due in 14 days and you have uncoded transactions " notificaton from within the file. Even better could it be done automotically??? "GST due soon - Push notification"1.4KViews0likes1Comment