Why do the values in Reports Tax Summary do not match the values in the BAS report?

Roger_6792709
Roger_6792709 Member Posts: 1 ✭✭
edited October 2017 in Reckon Accounts (Desktop)
Hi
Why do the values in Reports Tax Summary do not match the values in the BAS report?
I created the BAS report and it shows a negative value in in the G1 Total sales box. the total capital sales is close but does not match (G10). I am sure I have my splits correctly coded and the Tax summary is a correct. I would have thought that the tax summary values would populate the BAS fields.

Help!!

Regards

Roger

Comments

  • Sally McIntosh, Accredited Consultant
    Sally McIntosh, Accredited Consultant Accredited Partner Posts: 468 Accredited Partner Accredited Partner
    edited February 2017

    Hi Roger,

    Yes you are correct - they should match.

    Have you checked that your date range is correct in the BAS report? Then you will want to check that you have also correctly coded the BAS tax items by clicking on the G1 icon, etc.

    I have a document I can email you if you want to check the configuration.

    Feel free to email me directly at sally@samsolutions.com.au if you need further assistance!

    Kind regards, Sally

  • [Deleted User]
    [Deleted User] Posts: 0 ✭
    edited May 2015
    Also the Tax Liability report should reflect your business reporting basis, ie, Cash not accrual, if that is how you report the GST.  Sometimes the report needs to be modified to get the right one otherwise figures will be different.

Categories