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AS411 Community Home » Software Directory » MYOB Plus for Windows by MYOB US Inc. » MYOB GST Setup

 

Gemcraft wrote the following post on 4/8/2005 6:53:00 PM

I generally have GST type accounts as a subtotal account GST Collected (credit Balance) - A must Less GST Paid (debit Balance) - A must GST total (sub account) - Handy Can't recall if MYOB sums up or down so adjust accordingly Also if you try to use the "built-in" tax report in MYOB and similar programs they only report on any GST-VAT-Sales tax that the purchase sales module calculates. I find that the calculation rate from some vendors (gov liquor & others) varies from the program calculation rate (bulk total) on some invoice I may direct enter GST or PST. Such entries are not included in the tax report but they are in the ledger. Can't help you on the evening courses unless you want to visit Vancouver, BC.

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