Post gst directly

Marc HMarc H Member Posts: 20
edited February 2018 in Reckon One
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

Comments

  • GillianGillian Member Posts: 102 ✭
    edited February 2018

    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

  • Marc HMarc H Member Posts: 20
    edited February 2018
    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.

    Marc
  • Marc HMarc H Member Posts: 20
    edited February 2018
    Many thanks Gillian. I have tried again and it worked fine this time. Not sure what I did wrong previously.
  • GillianGillian Member Posts: 102 ✭
    edited February 2018
    you are very welcome
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