• Rural Community


    • How do I split a transaction between business and personal?

    If a GST split hasn't already been created within the extended code(s), you can split an amount while creating the transaction.

    1. While in edit mode, right click you mouse in the blue part of the screen.

    2. Select Split.

    3. Make sure you have set up the correct category and extended codes, GST types and split percentages.

    4. Click on OK to accept the alterations.

    TIP: You can also choose use the split setup in the future by tick the box 'Use this split next time code XX is used?'.

    To set up a GST split while in a transaction:

    1. Right click your mouse anywhere in the blue part of the screen.

    2. Select split and enter the category and extended codes, the GST types and split percentages.

    3. Click OK to accept the changes for this transaction.

    • Why do previous month’s transactions appear in my latest GST return?

    There are two possibilities for this:
    A. the first being that the transactions have been entered after the final report was printed.
    If this is the case then the report is correct.

    B. The second possibility is if the whole of the previous return is showing then that period hasn’t been finalised.
    To fix this

    1. Go to Reports> GST

    2. Click on Edit and make sure the return period end is correct for the previous return.

    3. Finalise this report by ticking the Final Copy box and printing it. Your GST report parameters screen will then show all previous GST returns as final

    4. Select the New button to create the next GST period.

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