The GST Report has transactions from the last report as well as this

You forgot to finalise the return for the previous cycle. However at some point you realised that the cycle date hadn’t changed, so you changed it. To fix this, the first thing to do is to change the GST Cycle … Continue reading

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The GST Report is reporting the previous GST cycle

You did not finalise the return for the previous cycle, so the cycle date was never updated. Notes on GST Whenever you enter a transaction into MoneyWorks or CashWorks, the GST component is automatically calculated for you. To determine your … Continue reading

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The bank reconciliation won’t reconcile

The most likely causes are: A transaction is not being shown The bank reconciliation list displays only transactions against the nominated bank account that are dated on or before the statement date that have not previously been reconciled. Therefore you … Continue reading

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The bank reconciliation is out by my opening bank balance amount

The bank reconciliation has a consistent discrepency from the MoneyWorks ledger balance that is the same as the opening bank balance you journalled into the bank when you set up your accounts. The opening transaction will be in your list … Continue reading

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