In MYOB Account Right you can do a report for payables or receivables "with tax". This is useful when the financials statements are prepared on an accruals basis, but GST is on a cash basis. In these situations, in order to reconcile your GST to your BAS you need to remove the GST on debtors and creditors, and in Account Right the payables/receivables "with tax" report gives you the GST to remove. In Essentials, you have to check every invoice on the list to see the GST as no such report exists.
Therefore my request to MYOB if for Essentials to have the "with tax" report available.
We really do need to be able to get this report as I would imagine most small business clients using MYOB have accurals based financials and cash based GST. This report is essential to be able to reconcile the GST accounts in the financials and pick up if there is any GST unclaimed from previous quarters.
I note that both MYOB Account Right and Xero have the ability to get this report. Come on MYOB, surely it can't be too hard to create this report for Essentials!!!
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