How I can charge GST on Journal Entries ?

Hi

When we make a journal entry If the amount is included with GST, how can I assign the tax amount on the transaction?

When I make journal entry If I put the tax code of NCG (which is the same code when we enter bills-GST paid) on tax column, it goes into different account which is not activated as an account.

How can I fix the connection problem of between Tax Code and the GST paid figure showed on the B/S ?

Because it takes time if I make bills and pay when I apply GST. It would be faster if I can apply GST on the journal entry.

Comments

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Kerrie Cox_6962438

My thoughts exactly!

Cindy_9643648

But if I enter the bills I need to pay bills at the same time to do bank reconciliation so two steps required all the time. But in the journal entry, once we enter, it comes up on the reconcile list straight away.

unknown

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unknown

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Cindy_9643648

But if we don’t pay the bills it deosn’t come up on the reconciliation, doesn’t it?

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