GST entries reversed by the system

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Posted on by CV-24040434-0

There was an issue with the posting of the BAS settlement for my client. Some of the transactions were reversed and closed out instead of rolling into the settlement process. When they completed the original calculation, it was out by $843.81, which includes GST of $76.71. After running the Calculate and Post GST Settlement report, it appears the four entries were not recorded, because they were not showing in the GST Statement Report and had actually been reversed by the system.

These are the entries reversed by the system:

VAT ENTRY TABLE

GL ENTRY TABLE - I noticed that the Source Code is BANKREC.

Can you let me know what has caused these entries to be automatically reversed by the system? Please note that there's no PTE in my customer's environment.

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Dynamics 365 Business Central

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OussamaSabbouh 14,457 Super User 2026 Season 1 on at

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Hello,

This does not look like the GST/BAS settlement automatically reversed them; the key clue is the Source Code = BANKREC, which means the reversing VAT/GST and G/L entries came from a bank reconciliation posting, not from the settlement report. In BC, when bank reconciliation or related posting creates corrections/reversals, it can create opposite G/L/VAT entries with the same document number, and once those VAT entries are closed/reversed, they will not roll into the BAS/GST statement the way you expected. I’d check the Bank Account Reconciliation, posted bank reconciliation entries, and the related G/L register for document numbers CRJ25003327 to CRJ25003330; also use Find Entries from those VAT/G/L entries to trace the full transaction chain and confirm who posted it and when. Since there is no PTE, this is most likely standard posting caused by bank rec/cash receipt correction/reversal handling, not the BAS settlement itself.

Regards,
Oussama Sabbouh

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