Can you please get the Prepare GST Return function fixed as soon as possible? The AR2013 repair team advised me that there is an issue with the way the GST is calculated which is the cause of the pro...
Prepare GST Return: Rounding calculation
ELVS
11 years agoContributing Cover User
Yep - apparently the GST return function calculates GST line by line rather than from the subtotal of each invoice or bill/spend money. This results in lots of rounding errors. The end result is that the GST paid and GST collected amounts are out. I noticed the problem when using this function for the first time (recently upgraded to AccountRight Standard 2013, latest version 2013.5) and reconciled it with manual method of GST calculation and with the MYOB GST reports (which calculate correctly). Tech supportcouldn't figure it out when I asked and escalated it to the next level who eventually identified the fault and have put through to development team for a fix, who knows when...
In the meantime I am completing my GST returns using the GST Summary – payments report (GST inclusive).
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