I'm running accrual reporting and have entered some transactions through general journal with tax codes attached - these transactions are not being picked up by the Tax Summary report - can anyone shed any light on this please. Thanking you Pam
On the General Journal you can only enter a Tax Item and not a Tax Code. (Tax Codes are linked to Tax Items.) All reports, including the Tax Summary Report, will show Tax Codes only, so General Journals will not show on it. The BAS Lodgement Form uses Tax Items, so General Journal items will be included here.
So if you are expecting to see the transaction in a Tax Report you will need to enter it via the appropriate form rather than via a General Journal.
I have also noticed this same issue. Recently our accountant asked us to do a GJ entry for a trade-in situation. The scenario we were presented with only worked via a GJ. The GJ affected the GST controls accounts. We used the tax item, not tax codes in the journal entry, however at the end of the month when I ran the tax reports I noticed the software hadn't picked up the adjustments done by the GJ.