glen_syd_aus wrote the following post on 5/7/2004 6:00:00 AM
Hi everyone,
Having just returned from 2 years in London, I've left my company accounts in a box & am now trying to piece together the past few years into MYOB.
As of 1 July, my company registered for GST, but I don't know how the GST should be put into MYOB (V11).
Do I need separate accounts for the GST paid and another for the GST I collect ??
Does the GST account I setup for "GST collected" go in as a liability ??
Do I need to treat things differently for last year when I wasn't GST registered ??
Alternatively, does anyone know of an evening course in sydney for basic MYOB setup.
Any help greatly appreciated.
Glen.