GST Ledger Reconciliation
GST Ledger Reconciliation
If the figures in the GST Ledger report don't match figures in other reports eg. 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 ReturnBasis is Cash. To check this:
- Click on the BAS toolbar option
- Click the Setup tab
- Look at Return Basis and see if this is Cash or Accrual
Article ID 366