Why is my sales/revenue figure incorrect?

1

Just yesterday download Manager and loving it. I’ve just entered a journal entry for some fees I’ve received ($10,000 plus GST) and while the amounts show in the BAS Worksheet OK the amount that ends up in Income ($9,090.91) is incorrect. Copy of the entry is below.

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Anyone know what I’m doing incorrectly?

2

When you select tax code on line item, Manager will automatically credit GST account with correct figure.

So just delete the last line item and change revenue from $10,000 to $11,000 so the journal entry is still balanced.

3

Thanks Lubos