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      Cash and Accrual - an explanation

      Cash and Accrual - an explanation

      With Accrual, GST is calculated when the sale is saved to the account.

      With Cash, GST is calculated when the account payment is made. Because of this, unallocated payments are disabled, as there is no way of determining how much GST will be collected (for GST or GST-Free item) at the time that the unallocated payment is made.

      This selection is made in Global Options > Miscellaneous > Financial > GST Accounting. The setting cannot be changed if there are current outstanding balances on Account Customers.


      - additional info provided by Jason