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Marit's avatar
Marit
Cover User
6 years ago
Solved

GST report

Should the GST report include transactions in the bank account (asset) and from owner contribution (equity)?? Mine does. Never seen that before. Thanks for any help! 

  • jenniek's avatar
    jenniek
    6 years ago

    Hi Marit

    If you are on a payments basis for GST, then you should be using the payments based report. Which MYOB are you using? If you are using Essentials - then you need to check your settings to make you are on the correct basis. As long as all this is correct - then yes - all your transactions should show on the GST detail (payments) report. In AccountRight - you just need to choose the correct report.

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  • jenniek's avatar
    jenniek
    Ultimate Partner
    6 years ago

    Hi Marit

    If you are on a payments basis for GST, then you should be using the payments based report. Which MYOB are you using? If you are using Essentials - then you need to check your settings to make you are on the correct basis. As long as all this is correct - then yes - all your transactions should show on the GST detail (payments) report. In AccountRight - you just need to choose the correct report.

  • PurpleTiger's avatar
    PurpleTiger
    Former Staff
    6 years ago

    Hello Marit

     

    Thanks for posting.

     

     

    Which report exactly were you trying to run and which parameters were you using?

     

    For example - Running GST [Detail - Accrual] Report with a date range of 2018 - 2019 and using All cards and card types will pull through all recorded transactions within that criteria.

     

    I would recommend taking a look at a few of these links below for what should and shouldn’t be involved in a specific report.

     

    GST/Tax reports - http://help.myob.com/wiki/x/lIFW

    Accounts reports - http://help.myob.com/wiki/x/k4FW

    Frequently used reports - http://help.myob.com/wiki/x/m4FW

     

    Please do let me know how you get on 😊

     

    • Marit's avatar
      Marit
      Cover User
      6 years ago

      Thanks a lot for your reply. I printed out the IRD return and that shows the correct numbers :-))