Let me put it this way, @patch in your earlier version of Manager you created a GST worksheet for a particular period, you validated the data and lodged that data as your formal BAS return. That is, the data on the worksheet and the BAS return “exactly” match
Now the only action that you have undertaken, is the updating of your version of Manager. Upon re-viewing that GST worksheet you now note that the values on that worksheet are no longer the same as on the previous one, they no longer match the BAS return. In fact, all your previous GST worksheet have now been completely re-written, they no longer support any of your previous BAS return lodgements.
Therefore @patch, I look forward to your opinion as to why it is acceptable for Manager to completely re-write a User’s worksheets so that they no longer support their BAS lodgement.
Furthermore, if you had studied and understood the example provided in the screenshots then you would have noted from the transaction’s details that a line item which is a genuine expense and CORRECTLY reported as a GST Purchase in the original worksheet has upon the software’s update been converted to a negative GST Sale.
So once again @Patch, I look forward to your opinion as to why it is acceptable for Manager to convert genuine purchases into negative sales, which is in complete breach of the ATO reporting requirement.
As far as I am aware, ever since Manager has existed Cash Sales and Invoice Sales have always behaved the same and correctly, so I have no idea as to what you are referring to here.
If you are suggesting that a recipient created invoice transaction from a Supplier can’t contain both sale and purchase line items then clearly you don’t understand accounting. All these industries, Property Rentals, Livestock Sales, Auction Houses, Publication Distributors plus many others can’t operate on an accounting basis without their transactions (recipient created invoices) containing both sale and purchase line items.
To imply that these industries, and the business that operate within them, are somehow using inappropriate accounting by combining sale and purchase line items within a single transaction is preposterous
Prior to the introduction of the GST, their transactions were conducted without conflict with any accounting standard, and with the introduction of the GST this DOESN’T CHANGE the conduct of the transaction with regards to any accounting standard. The GST is an adjunct to the accounting transaction.
Furthermore, if you are also suggesting that Manager has changed their worksheet calculation methodology because of the implied implications of “Each transaction is a sale or a purchase not both” then Manager is being misguided as the statement has no VALIDITY and has put itself in conflict with ATO GST reporting requirements, that is, it is reporting GST Purchases as negative GST Sales.
In addition, from an accounting’s professional perspective, if a registered accountant has proposed this absurdity "Each transaction is a sale or a purchase not both " then they should be reported and be de-registered as they aren’t a fit and proper person to be an accountant.
@vez, thank you for providing the examples which depict your situation.