When entering invoice in Reckon Accounts Premier the GST is adding on twice. Then I get a warning t
Options
Tania Thornton
Member Posts: 1 ✭
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.
0
Comments
-
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.0
Categories
- All Categories
- 6.4K Accounts Hosted
- 10 📢 Reckon Accounts Hosted - Announcements
- 5.9K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.3K Reckon Payroll 🚀
- 21 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 2.9K Reckon One
- 7 📢 Reckon One - Announcements
- 10 Reckon Invoices App
- 14 Reckon Insights
- 107 Reckon API
- 822 Payroll Premier
- 307 Point of Sale
- 1.9K Personal Plus and Home & Business
- 62 About Reckon Community