Then I am entering a Supplier No Products invoice using my Freight GL code and coding it all to Customs GST. But why does this figure not show against my General Ledger Code?
When a line is changed to Customs GST, the value doesn’t go against the nominated GL account - it goes against the Control account for GST on Expenses GL account. This allows the GST to be balanced.
i.e the GST we collect minus the GST paid out, that is what we pay to IRD. There was in fact NO purchase of freight or stock - it was ALL GST.
Where there are several lines on the invoice, using the same GL code as below
this is detailed on the Audit report