Forum Discussion

Marit's avatar
Marit
Cover User
6 years ago

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.

  • 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 :-))