Cash Basis GST tracking
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Jan Dennehy
Member Posts: 1 ✭
Can someone help me i am having trouble with Quick Books Pro 2012-13 as it wont save the gst in any reports even though I have stated that my business is on a cash basis and tracks taxes. How do I set track taxes up in this program? Help!
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Hi Jan,
Under Preferences, Reports & Graphs if you select Company Preferences, in the default Reporting you can select whether you wish to include or exclude GST (Net/Gross) in your financial reports.
With reference to the BAS report ensure you have configured by selecting the correct tax codes for respective fields so that all transactions with a tax code will appear correctly in the BAS report.
If you would like further assistance please don't hesitate to contact me.
Regards
Kevin
04126074880
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