Post gst directly
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Marc H
Member Posts: 20 Novice Member

Our bank is charging us for per transaction (net of GST) for handling bulk payments, then charging a summarised GST amount once per month. I'm trying to post the GST transaction from the bank download, but can't find a way to post just GST. Any thoughts? Thanks, Marc
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Comments
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Hi Marc,
enter your original net trans with no tax code.
then say the bulk gst amount is 5.00
then this trans is
bank fees NCG 50 5 (50 is in the net amount and then the gst)
bank fees -50 (no tax code on this line in trans)
total of trans = 5
Gillian
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Thanks Gillian. I tried this yesterday and it didn't work. Unfortunately I'm not at my computer today so I can't check the error it returned, but I'm pretty sure it didn't like the negative amount.
If you think it should work though, I'll give it another try on Monday.
Marc0 -
Many thanks Gillian. I have tried again and it worked fine this time. Not sure what I did wrong previously.0
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you are very welcome0
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