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Optional: You can choose to archive your GST reports by creating a folder Server called GST Reports or you can always go back to the batch at any point in time.
If you choose to archive the reports, create a sub folder for each GST Quarter . 

Note

NOTE

Please note, ensure to close off each period.
DO NOT BACKDATE any transactions into a prior period or quarter if you can avoid it.

If you choose to manually reconcile GST items and not use the GST Batch, then you will need to monitor transactions that have been back dated into a past GST quarter.
If you choose to not use the GST Batch, then Readysell suggests that you run the reports using a filter not a parameter. 
The filter to be by Date Created to pick up the back dated gst items


Note

Before running your first GST Batch, if you wish to line up your GST Items and have them balance back to the corresponding General Ledger GST Accounts, you will need to provide Readysell with the starting positions for Bas Codes involved.
Readysell will insert these figures behind the scenes.
This process incurs a charge. 

Also when looking at GST Items or GST Batch, ensure you check the taxcodes that have been used are correct against the transaction types.

When balancing GST Items and GST Batch back to the General Ledger Postable accounts, if you have inserted any journal entries against a General Ledger GST Account, you will need to take the entry up as a reconciling entry.

Journals do not flow back to the GST Items table.


GST Items

Accrual Basis GST Items List View: 

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