ASWatCR's avatar
ASWatCR
Experienced Cover User
12 years ago
Status:
Open

Spend Money/Receive Money: Indicate how you wish transaction to be displayed for GST

Currently, in Spend Money/Receive Money, there is no option to choose which side of the BAS (GST Collected vs GST Paid) the transaction should be reported on i.e.. if its Spend Money = GST Paid and R...
Banking
BAS
BASLink
Julia_Berkhout's avatar
Julia_Berkhout
Super Cover User
12 years ago
Hi, I usually reverse the original transaction by changing preferences, to transactions can't be deleted, which creates a minus transaction (which you can't normally just enter). Then deselect in preferences. You may then change the amount of the minus transaction if you need to, and this way Myob will let you enter your minus transaction and it also records it on the correct side for gst reports and BAS. Hope this helps you for now. Toggle idea definitely would make it easier. Good idea.