GTS and BAS
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Trevor and Sue
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I can't seem to edit the GST on an invoice once it's gone through and appears in banking
If we cant do the above do we pay BAS with a clearing account and do a new adjusting journal entry to what accounts?
After my accountant corrected the GST status on some old 2021 entries (old had GST and new were GST-free), there is a negative amount under "1B GST paid on purchases" for Sep 2022 BAS. Would anyone advise how to fix this? I can see a few transactions in the GST Amendments report.
Every month I go back to check previous BAS figures remain the same and EVERY month they change - despite no amendments or changes to transactions for the previous periods. This does not happen with any of my clients using MYOB or XERO - just my Quickbooks clients - ALL OF THEM and every month. Doesn't seem right...
not sure what ive missed,
The quarter I am up for BAS doesn't match
This payments to me are still income but cannot change the invoices to inckude gst otherwise it shows "balance due" on customer (contractor) invoices. I still need to calculate this as income and pay the tax on it.
I can't find where to turn off the GST option - I'm just a small business and not large enough to worry about GST yet.
Usually the account is $315 inc GST. This month, it went out $286.36 without the GST and no tax is showing on the invoice... Nothing has been edited on the Recurring Transation. Is this a bug?
I have noticed that on my GST page the "To Do" list will only show one item "to Lodge" BAS or IAS at a time... Then when I pay or clear that it instantly will tell me the next item to do... For example I currently have Jan-Mar BAS due on 26th May.. But I know I should also have an IAS due before then too... but the IAS won't show up until the BAS has been paid and cleared? Is there a setting or check box that allows me to choose to show the multiple GST items due "to Lodge" as I thought it use to show me this but it seems to not be available now?
I'm new to Quickbooks and a number of tax accounts - WET, Luxury Car Tax, FBT - have been added by default. How do I remove these from my chart of accounts? Attempting to inactivate them returns an error message - "You cannot change or delete this account as it is used by the system to track tax amounts.". However none of these are ticked in my tax settings and are irrelevant for my company, so why can I not delete them instead of having them clutter up my chart of accounts? This is not a problem I have had in MYOB or Xero.
at the end of the quarter a quick list to run through to pick up gst errors
I have lodged IAS manually previously. I am wanting to record these transactions on QuickBooks so I can record the payment. Wanting to create July and August records, have created October and November but no option to prepare anything prior? How can I record July and August IAS records?
