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Change of GST basis from cash to accrual

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Posted on by Community Member Microsoft Employee

Hi experts

If I started off using GST (VAT) on a cash-basis as defined in General Ledger Setup, and then need to change it to Accrual basis later, what are some considerations or steps to achieve this?

Cash-basis with Unrealised GST flag enabled

Accrual-basis with Unrealised GST flag turned off

When I tried to do this, I get the error:

Thank you

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Community Member Microsoft Employee on at

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RE: Change of GST basis from cash to accrual

Hi Steve,

Thanks for the answer. I removed the unrealised VAT Type to blank and I could disable the Unrealised VAT button.
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Community Member Microsoft Employee on at

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RE: Change of GST basis from cash to accrual

Peter,

On the VAT Posting Setup, Unrealized VAT Type, if you are setting Unrealized VAT = FALSE, should be blank. I would blank them out then change the setting.

Thanks,
Steve
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Andy Sather on at

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RE: Change of GST basis from cash to accrual

Hello,

If you don't get further responses to this issue, you may want to raise a support request to Microsoft support via your CSP / Partner.