TCSAcctTaxReview
ACME TRUCK SERVICING LTD
Goods and Services Tax Review
For all control accounts, balances for the period from 01 Oct 2007 to 31 Oct 2007, analysed by control account, ordered by account number
Account Number & Name
Tax Category
Code & Description
Rate
Var %
Calculated GST
GST Amount
Ledger Amount
Account Balance
Unknown
Payable
1 - Standard Rate
12.5%
69.50 Dr
100.00%
8.69 Dr
8.69 Dr
001 Sales Revenue
Receivable
9 - Exempt Rated
Exempt
36,026.66 Cr
22,231.68 Cr
38.29%
Receivable
1 - Standard Rate
12.5%
36,026.66 Cr
15,193.26 Cr
57.83%
1,899.20 Cr
1,899.16 Cr
011 Job Revenue-Labour
Receivable
1 - Standard Rate
12.5%
757.50 Cr
757.50 Cr
0.00%
94.68 Cr
94.69 Cr
012 Job Revenue-Parts
Receivable
1 - Standard Rate
12.5%
1,988.39 Cr
1,988.39 Cr
0.00%
248.55 Cr
248.55 Cr
013 Job Revenue-Outwork
Receivable
1 - Standard Rate
12.5%
327.81 Cr
327.81 Cr
0.00%
40.98 Cr
40.98 Cr
014 Job Revenue-Miscellaneous
Receivable
1 - Standard Rate
12.5%
299.62 Cr
299.62 Cr
0.00%
37.45 Cr
37.45 Cr
023 Job Costs-Outwork
Payable
1 - Standard Rate
12.5%
469.75 Dr
469.75 Dr
0.00%
58.72 Dr
58.72 Dr
150.00 Parts Inventory-Main
Payable
9 - Exempt Rated
Exempt
11,283.95 Cr
12,428.07 Dr
210.14%
Payable
1 - Standard Rate
12.5%
11,283.95 Cr
3,077.50 Dr
127.27%
384.70 Dr
384.69 Dr
150.20 Warehouse Inventory-Ham Depot
Payable
9 - Exempt Rated
Exempt
1,243.80 Dr
1,398.28 Dr
-12.42%
700 Advertising & Promotion
Receivable
1 - Standard Rate
12.5%
650.00 Dr
250.00 Dr
61.54%
31.25 Dr
31.25 Dr
Payable
1 - Standard Rate
12.5%
650.00 Dr
400.00 Dr
38.46%
50.00 Dr
50.00 Dr
735 Freight Expenses
Payable
1 - Standard Rate
12.5%
612.25 Dr
612.25 Dr
0.00%
76.53 Dr
76.53 Dr
770 Packaging Materials
Payable
1 - Standard Rate
12.5%
384.50 Dr
386.50 Dr
-0.52%
48.32 Dr
48.31 Dr
780 Printing & Stationery
Payable
1 - Standard Rate
12.5%
540.00 Dr
540.00 Dr
0.00%
67.52 Dr
67.50 Dr
787 Telephone & Tolls
Payable
1 - Standard Rate
12.5%
492.15 Dr
492.15 Dr
0.00%
61.52 Dr
61.52 Dr
*** TCSJnl 74
Receivable
1 - Standard Rate
12.5%
123.07 Cr
*** TCSRcpt 295
Receivable
1 - Standard Rate
12.5%
57.29 Cr
*** TCSRcpt 296
Receivable
1 - Standard Rate
12.5%
50.00 Cr
Nett GST for Period:
13.06%
1,763.97 Cr
1,533.62 Cr
GST Variance:
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Printed on 14 Dec 2007 at 01:46 PM