Closing GST Period

NikitaNikita Member Posts: 4

Hello, I'm just wondering if there is a setting where I can "close" off a GST period. Eg. it brings up a warning if I was to try to enter another transaction dated for a period where the GST has been filed?

Comments

  • Ryan_WRyan_W Administrator Posts: 460 admin

    Hey @Nikita,

    Since Wave is an accrual-based accounting program, you don't exactly close off periods of time for your books, including taxes. Would you be able to post a screenshot of the warning message you're seeing? That would help a ton; looking forward to hearing from you!

  • NikitaNikita Member Posts: 4

    Ok, thanks for your reply. there is not warning message coming up on my screen.
    I just thought it would be a helpful feature so I don't accidently record a transaction in a period where the GST has been claimed.

  • CharlotteCharlotte Administrator Posts: 693 admin

    Thank you for your feedback @Nikita we appreciate hearing from you!

Sign In or Register to comment.