GST not being allocated to Tax Payable account
Options
Debbie Shanley
Member Posts: 2 ✭
I have a question about gst. I have just noticed in one of my company files that the gst isnt being allocated to Tax Payable in the General ledger. The income or expense amount in the P&L includes the gst. Guessing my preferences are incorrect?
1
Comments
-
Hi Debbie Could be a combination of a number of things.
Firstly is GST calculating on your entries. If it is not, then you have in your Preferences you don't have track tax turned on.
Failing that, go to Lists, Tax Item List. What Account is showing for say GST, is it Tax Payable.
If not, then that could be your problem.
Go to Suppliers List, highlight Australian Taxation Office, Edit Supplier, Click on Tax Agency Tab, is Tax Payable showing for the account to track tax on Purchases and Sales. If not that would possibly be the problem.
0 -
None of these seems to be the problem for me... Could it be something else?0
-
Resolved ... Preferences > Reports & Graphs > Company > Tax Net/Gross Options.0
Categories
- All Categories
- 6.9K Accounts Hosted
- 11 📢 Reckon Accounts Hosted - Announcements
- 6K Reckon Accounts (Desktop)
- 3 📢 Reckon Accounts Desktop - Announcements
- 1.2K Reckon Payroll 🚀
- 19 📢 Reckon Payroll - Announcements
- 21 Reckon Payroll Help Videos 🎥
- 21 Reckon Mate App
- 3.1K Reckon One
- 7 📢 Reckon One - Announcements
- 11 Reckon Invoices App
- 14 Reckon Insights
- 114 Reckon API
- 830 Payroll Premier
- 326 Point of Sale
- 2K Personal Plus and Home & Business
- 74 About Reckon Community