GST amount applied is to original amount and not on the total amount credited
Julie_10331994
Member Posts: 2 Novice Member
I am preparing a BAS for a client who reports on a cash basis and when I run the Transaction Detail by Account for the quarter on a cash basis showing the Sales accounts', the Tax Amount is 10% of the Original Amount instead of the actual amount received. Basically my total sales on a cash basis for the quarter is showing $29,000 but the Tax Amount is showing $5,000. Is there a setting that I need to change to rectify this to be 10% of the actual sales amount for the quarter?
0
Comments
-
0
-
Thanks you for your response. Yes, the tax settings are set to Cash.0
-
Should work, if you call me on 0488 713 040 we could do a quick remote session and see if we can see what is the problem.0
This discussion has been closed.
Categories
- All Categories
- 6.8K Accounts Hosted
- 17 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 8 📢 Reckon Accounts Desktop - Announcements
- 1.5K Reckon Payroll
- 40 📢 Reckon Payroll - Announcements
- 15 Reckon Payroll Help Videos 🎥
- 30 Reckon Mate App
- 2.7K Reckon One
- 17 📢 Reckon One - Announcements
- 14 Reckon Invoices App
- 24 Reckon Insights
- 101 Reckon API
- 310 Point of Sale
- 1.9K Personal Plus and Home & Business
- 72 About Reckon Community