When entering invoice in Reckon Accounts Premier the GST is adding on twice. Then I get a warning that my transaction is not in balance.

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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.
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Tania Thornton

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Posted 3 weeks ago

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Robert Smeallie

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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.