Entered Mon, 26 May 2003 15:45 by
Updated Thu, 7 Jul 2005 15:42 Previous
Go to Reports -> Financial menu -> GST Report.
The GST report processes all transactions for your GST period and produces a report similar to the IRD GST Return.
Period Start Date: Period End Date:
Enter the date range for the GST period to be reported. This is normally a two month period. The default date range is for the last month the GL was updated to.
Report Type:
Use the default "Sumary" (includes only summary details) or enter "Detail" to include all transactions grouped into the different reporting sections.
It is recommended that you run the detail report initially to confirm that everything is as you expect. The detail report should also be run to help verify figures.
The report will include a note identifying the GST Payment or GST Refund to be made. This report uses several General Ledger accounts for picking up deferred GST and adjustments. See Utilities - Module: General Ledger for details (refer to Control Accounts).
