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This is the area of the system where the GST/VAT/Sales Tax is configured to match your local tax jurisdiction. You can set the 'GST_Alias' in the Admin area so that your system will refer to GST as GST/VAT, or Sales Tax throughout the application.
NOTE: In ActionStep Actionstep we refer to INPUT tax as tax coming into the firm (tax collected on sales), and OUTPUT tax as tax going out from the firm (tax paid on purchases).
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Note: this is a new feature at the Nov 10 release, if you take the option of clearing the accounts it will not do so for any retrospective returns - should you wish to do this, please contact the ActionStep Actionstep support team.
7. Journal Transaction Date: Specify the date in which any Auto Journals created will post to your ledger.
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