Clearing GST Paid
Hi, I am new to Reckon and I am using Reckon Account Premier. I am trying to work out how to clear the GST payable account
I have paid the ATO the GST owed. In Reckon when there is a BAS payment to the ATO it is entered in Supplier >> Tax Activity >> Pay Tax. The payment will put a credit in the GST Tax payable account. How do I get the expense (debit) side of the transaction in so the payment matches it off?
I only have one GST payable account which is a current liability account.
The GST on sales and GST reclaimed on purchases appear on the Tax Liability report but I can’t journal them to the GST payable account as they are not General Ledger accounts., they just show what GST is payable. How do I transfer that amount to the GST payable account so they offset the payment?