Hi.Need to know how to record a GST payment to the ATO in Manager.Am used to Quickbooks which has a Pay Tax Liability option but don"t seem to be able to get it right in Manager. Have tried a straight payment to ATO from Bank account but in results in an incorrect balance in Tax Payable Ledger. Any advice appreciated.
Can you post screenshot how did you categorized bank account payment in Manager? You should allocate the payment to
Tax liability account.
Thanks Lubos,worked it out. Problem was opening balance in Tax Liability Account-incorrect entry.