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 tax code
Account Number & Name
Var %
Rate
Code & Description
Tax Category
Calculated GST
GST Amount
Ledger Amount
Account Balance
Receivable
9 - Exempt Rated
Exempt
001 Sales Revenue
36,026.66 Cr
22,231.68 Cr
38.29%
Total for 9 - Exempt Rated:
0.00 Dr
0.00 Dr
22,231.68 Cr
1 - Standard Rate
12.5%
001 Sales Revenue
36,026.66 Cr
15,193.26 Cr
57.83%
1,899.20 Cr
1,899.16 Cr
011 Job Revenue-Labour
757.50 Cr
757.50 Cr
0.00%
94.68 Cr
94.69 Cr
012 Job Revenue-Parts
1,988.39 Cr
1,988.39 Cr
0.00%
248.55 Cr
248.55 Cr
013 Job Revenue-Outwork
327.81 Cr
327.81 Cr
0.00%
40.98 Cr
40.98 Cr
014 Job Revenue-Miscellaneous
299.62 Cr
299.62 Cr
0.00%
37.45 Cr
37.45 Cr
700 Advertising & Promotion
650.00 Dr
250.00 Dr
61.54%
31.25 Dr
31.25 Dr
*** TCSJnl 74
123.07 Cr
*** TCSRcpt 295
57.29 Cr
*** TCSRcpt 296
50.00 Cr
Total for 1 - Standard Rate:
2,519.97 Cr
2,289.58 Cr
18,316.58 Cr
Total GST Receivable:
9.14%
2,289.58 Cr
2,519.97 Cr
GST Variance:
Payable
9 - Exempt Rated
Exempt
150.00 Parts Inventory-Main
11,283.95 Cr
12,428.07 Dr
210.14%
150.20 Warehouse Inventory-Ham Depot
1,243.80 Dr
1,398.28 Dr
-12.42%
Total for 9 - Exempt Rated:
0.00 Dr
0.00 Dr
13,826.35 Dr
1 - Standard Rate
12.5%
Unknown
69.50 Dr
100.00%
8.69 Dr
8.69 Dr
023 Job Costs-Outwork
469.75 Dr
469.75 Dr
0.00%
58.72 Dr
58.72 Dr
150.00 Parts Inventory-Main
11,283.95 Cr
3,077.50 Dr
127.27%
384.70 Dr
384.69 Dr
700 Advertising & Promotion
650.00 Dr
400.00 Dr
38.46%
50.00 Dr
50.00 Dr
735 Freight Expenses
612.25 Dr
612.25 Dr
0.00%
76.53 Dr
76.53 Dr
770 Packaging Materials
384.50 Dr
386.50 Dr
-0.52%
48.32 Dr
48.31 Dr
780 Printing & Stationery
540.00 Dr
540.00 Dr
0.00%
67.52 Dr
67.50 Dr
787 Telephone & Tolls
492.15 Dr
492.15 Dr
0.00%
61.52 Dr
61.52 Dr
Total for 1 - Standard Rate:
756.00 Dr
755.96 Dr
6,047.65 Dr
Total GST Payable:
0.01%
755.96 Dr
756.00 Dr
GST Variance:
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 01:47 PM