How does GST in purchases and sales differ in Reckon compared to other accounting software?
NoCruncher
Member Posts: 7 ✭
In another software package when you enter a purchase or sale it works out the GST for you. It automatically fills it. Is there a standard account that you should type in the tax portion of a transaction in? Is it Tax Payable? Or should I create a GST Payable and a GST Receivable account? Im using EasyStart.
0
Comments
-
Hi NoCruncher,
When you enter the GST tax code on your sales is will calculate the GST and when you enter NCG or CAG on your purchases, it will work out the GST for you.
Have you perhaps not turned the Tax tracking on in your file? File drop down menu > preferences.
Kind regards,
Sally McIntosh
sally@samsolutions.com.au
0
Categories
- All Categories
- 6.8K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 18 📢 Reckon Payroll - Announcements
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 325 Point of Sale
- 1.9K Personal Plus and Home & Business
- 73 About Reckon Community