sam81
Joined 5 years ago
User Profile
User Widgets
Contributions
Re: Cash Basis Account Balances For GST Accounts Change Depending on Report Date
Further more, if I run the report from 1/7, the opening balance (which should be the same as the closing balance on the 30/6) shows as $51,928.06. This report is sending me crazy. Probably also worth mentioning that the previous bookkeeper had made quite a mess of the accounts, but at this point it has all been cleaned up.443Views0likes1CommentCash Basis Account Balances For GST Accounts Change Depending on Report Date
I use my GST Accounts similarily to clearing account, we report on a cash basis, thus meaning when I enter the BAS figures at the end of quarter date the cash basis report balance is $0 and the accurual basis report balance is those transaction paid during the next quarter. I recently noticed, if I run the GL Detail report for my GST accounts under cash basis, the running balance changes dependent on the dates range I input for the report. While minor, it's driving me up the wall and I can't figure out whats happening. E.G. Report: 29/6/21 to 30/9/21 - shows running balance on 30/6/21 as $0.00 Report: 30/6/21 to 30/9/21 - shows running balance on 30/6/21 as -$0.01 These reports are being run consecutively at the same time, thus there shouldn't be anything affecting the balances449Views0likes2Comments