GST code of Export Free (G2) was selected instead of No Code - what's an easy fix?

Owned by Beth Blok (Unlicensed)
Last updated: Nov 23, 2022 by Scott PearceVersion comment
2 min read

BAS reports show an incorrect amount against Export Sales (G2).  It should have been No Code. How can I track this down and what is the best way to correct this error?

Step-by-step guide

Ledger periods must be open

This settings permits changes to BAS codes in General Ledger journals providing the ledger period is Open

 

The easiest way to correct this as there is no change in ledger accounts, just the GST Code is to change that in each relevant journal set.

  • System Settings > System Configuration > Ledger tab, tick the setting if un-ticked and save changes

  • System Settings > Tax > Reports and load Business Activity Statement - Worksheet 1

  • Change relevant criteria i.e. BAS Grouping, Starting and Ending BAS Code and date range

  • Review the report and then load each of the journals listed in the report

  • Change the BAS code against each relevant line, save changes and repeat for each journal as required

  • Re-run your BAS Activity Statement