GST Ledger Reconciliation.
GST Ledger Reconciliation
The figures in my GST Ledger report don't match figures in other reports e.g. Trial Balance, Net Worth, Profit and Loss
Check that the accounting method (
Cash or Accrual
) is consistent across all reports.
Also, the GST Ledger may not necessarily balance to other reports if the
BAS Return Basis
is Cash.
To check this:
- Click on the BAS toolbar option.
- Click on the Setup tab.
Look at Return Basis and see if this is Cash or Accrual .
Article ID 366