allan

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alhamco
alhamco Member Posts: 3

One customer has been paying what he thinks he should, NOT what I invoice. I have used 'receive payments' and applied to earliest open invoices. I now noticed GST received and payable is not as much as it should be. It seems I have to apply to a current invoice, NOT any in a prior BAS period (cash tax), or the BAS doesn't show GST from customer.

Can someone confirm this. I presume changing payments deposited from invoices in an older period to invoices in the 'correct' period will alter past BAS figures - what to do?

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  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited July 2021 Answer ✓
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    Yes it will but I would rather allocate payments correctly, then run a new tax summary report and if any changes make an adjustment on next bas

    you will have to clear the payments first then go back and allocate correctly

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  • alhamco
    alhamco Member Posts: 3
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    Thanks Kris. I will try to do.😔

  • Kris_Williams
    Kris_Williams Member Posts: 3,293 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
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    Feel free to call if you run into any problems

    0415940843