Before you can start entering your transactions enter your business details and set up your GST details to report your business transactions on the correct date.
Let's add Steve's business and GST details for the financial year April to March 2016.
This website will give you the business details
From the Accounts Command Centre click Prepare GST Return and check out the default settings and make any necessary changes.
IckyLeaks GST reporting requirements are as follows:
GST Reporting frequency: Monthly
GST Reporting Basis: Cash
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The GST Codes list is what helps sort out your GST on transactions. You can access this from the Lists menu. |