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Change of GST basis from cash to accrual

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Posted on by 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

cash-GST.jpg

Accrual-basis with Unrealised GST flag turned off

accrual-GST.jpg

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

GST-error.jpg

Thank you

  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    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.

  • Suggested answer
    Community Member Profile Picture
    Community Member Microsoft Employee on at
    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.

    pastedimage1645414953776v1.png

    Thanks,
    Steve

  • Suggested answer
    Andy Sather Profile Picture
    Andy Sather on at
    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.

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