Tax Payment Method Preparations

Payment method works strictly through bank account cashbooks.

Whenever you are correcting values to a customer or supplier, you should do this via the GL cashbook.

This is because the customer and supplier transaction journals are not picked up via the payment method report.

Before we start running the VAT / GST reports, we need to exclude some of the suppliers from the VAT / GST claim.

Herewith a snip of some of the suppliers setup in the system which need to be excepted from the VAT / GST payment method report.

The same process can be done for the customers.

This is the report that is run to look at all the transactions running through the banks

Report for suppliers

At the supplier setup, mark the supplier to be a 07 Non GST account.

This will then exclude the payment values in the report