I created a tax code (GST) and applied this code to all the sales and purchase transactions. All amount payable to ATO (tax authority) shown under liabilities as GST payable account.
Now is the time to remit the amount to ATO. But I can’t write journal to GST payable account (ican’t see the GST payable account in a list of account when writing a journal) to bring the balance to zero.
Thanks for the reply. How to do payment transaction?
I did a work around. The GST code was attached to default tax payable account. I created a new account and attaced the tax code to new account. It worked. I can now do a journal entry.
The GST code was attached to default tax payable code. I created a new account and attaced the tax code to new account. It worked. I can now do a journal entry.
Then it does not work as it is supposed to do. Please follow the guides and advise as per @p4unger and @Tut, especially his last post. It is better to do it right now then realizing that you have gone off track with Manager costing far more effort in future. That something seems to work does not mean that it is supposed to work that way.