When entering invoice in Reckon Accounts Premier the GST is adding on twice. Then I get a warning t

Tania Thornton
Tania Thornton Member Posts: 1 Novice Member Novice Member
edited October 2024 in Reckon Accounts (Desktop)
When entering invoices in 2018 Reckon Accounts Premier the GST is adding on twice. Then I get a warning that my transaction is not in balance. Can someone please help me.

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  • Robert Smeallie_9806608
    Robert Smeallie_9806608 Member Posts: 10 Novice Member Novice Member
    edited October 2018
    Hi Tania
     
    You are using a double entry accounting program. Have you applied GST to both Accounts Receivable (Assets and Liabilities) and Sales Income (Income and Expenses) for the same transactions?

    GST is added to the Income from Sales transaction  but is only reported in GST Liabilities for Accounts Receivable. Make sure that Accounts Receivable doesn't have GST applied in the Chart of Accounts and then you will only see 1 lot of GST being reported from the GST Liabilities account.

    Robert Smeallie.
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