GST

Linda CrouchLinda Crouch Member Posts: 6
edited August 2019 in Accounts Business Range
when i work out the GST due with the quick books(2010 - 2011) the total purchases & expenses is $170,685.89 when I do it online IRD it is $94560.90 but the amount to pay is the same?

Comments

  • ZappyZappy Accredited Partner Posts: 4,428 ✭✭✭
    edited August 2019
    Whats an IRD? What assumptions are you using?
  • Linda CrouchLinda Crouch Member Posts: 6
    edited April 2017
    Inland Revenue Office NZon line were we submit our gst .
  • Kay Smart, Accredited ConsultantKay Smart, Accredited Consultant Member Posts: 106
    edited April 2017
    Do you have zero rated items on the printout from Reckon ?
  • Linda CrouchLinda Crouch Member Posts: 6
    edited April 2017
    yes -
    zero rated supplies including in box 5  0.00

  • Kay Smart, Accredited ConsultantKay Smart, Accredited Consultant Member Posts: 106
    edited April 2017
    That doesn't make sense then.  There must be some zero GST gross figures included in the $179,685.89.  Have you checked the GST audit trail to confirm the figures ?
  • Linda CrouchLinda Crouch Member Posts: 6
    edited April 2017
    gst is included in this amount - no i haven't checked the gst audit i will do that

  • Linda CrouchLinda Crouch Member Posts: 6
    edited April 2017
    how do  i do that please

  • Kay Smart, Accredited ConsultantKay Smart, Accredited Consultant Member Posts: 106
    edited April 2017
    Print a Cash Tax and Cash Net report (assuming you are on the Cash Basis for Reporting purposes.

    Give me a call if you get stuck 027 274 7088
  • Linda CrouchLinda Crouch Member Posts: 6
    edited April 2017
    I will txt you two photos. One of the quickbooks GST due for 01/02/207 to 31/03/2017 and one from IRDs. Then I will give you a call. You will see the amount to pay is the same box no 11(total purchases and expenses is different.
  • ZappyZappy Accredited Partner Posts: 4,428 ✭✭✭
    edited April 2017
    The GST system in NZ is almost completely different to Australia. I think it needs its own board on the forum
Sign In or Register to comment.