Use the GST (Goods and Services Taxes) Invoiced Report to view all Goods and Services Taxes receivable, as collected by Customer Order Entry and Accounts Receivable. Typically, you print this report when you prepare the tax return.
This report is most applicable to Tax System 1 defined as GST.
The GST Invoiced Report prints detailed information from the tax records for a selected range of tax period dates. The records are grouped and subtotaled by the Apply GST code of "N," "Y," and "Z." A negative value identifies credit transactions.
NOTE: The tax records are extracted from the invoice history. If you delete this information before printing this report for a given period, the tax records will be lost and will not appear on the report.
This history information does not include postings you performed manually from the G/L journal to the GST G/L accounts. Also, if you generated GST account distributions from Customer Order Entry before posting them in A/R, and then adjusted the distributions manually, the history information does not include the adjustments. Therefore, the report does not reflect these secondary changes to account balances.
In Customer Order Entry, the tax records are created when each invoice is printed and posted. The system does not alter these records, regardless of changes to the transaction in A/R or G/L.
If you enter invoices, credit memos, or debit memos directly in A/R (not from Customer Order Entry), the tax records are created based on the values in the special tax fields in the G/L distributions. When you post the manual transactions, the tax records are created.
Compare the contents of the report to the GST account balances for the period reported from the G/L. If you find discrepancies, first verify that A/R does not contain unposted invoices/credit memos from Customer Order Entry.
Then, make sure the A/R Distribution journal has been posted to the ledger. You may have additional discrepancies if you adjusted the GST account balances manually with journal entries, or adjusted the A/R Invoice G/L GST Account Distribution records manually. Only these discrepancies are acceptable.