You can choose to have GST amounts calculated and posted to a temporary general ledger account when an invoice is posted, and then posted to the correct general ledger account and included in GST statements when the actual payment of the invoice is posted. Before you can do this, you must complete the GST posting setup.
To use accounts for unrealised GST
In the Search box, enter General Ledger Setup, and then choose the related link.
In the General Ledger Setup window, on the General FastTab, select the Unrealised GST check box.
Close the window.
In the Search box, enter GST Posting Setup, and then choose the related link.
In the GST Posting Setup window, to view the options, choose the Unrealised GST Type field, and then select an option that determines how unrealised GST will be handled.
In the Sales GST Unreal. Account field, enter the general ledger account for unrealised sales GST.
In the Purch. GST Unreal. Account field, enter the general ledger account for unrealised input tax credit.
 Important |
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| The first <Blank> option is the default value of the field. This means that unrealised GST is not used. You can select one of the other options only if the Unrealised GST field in the General Ledger Setup window is selected. |
 Tip |
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For more information about how to work with fields and columns, see Working with Microsoft Dynamics NAV. For more information about how to find specific pages, see Search. |