GST Complete Return (NZ)

Navigator > Tasks > Goods and Services Tax > GST Return Form

To prepare and print a GST Return Form for a New Zealand Company:

1. Select the date in the Return field. The dates are used on the printed form.
2. You can view and print GST Returns with past and future dates, but you can only Complete the return for the current return date.
3. View the figures on the GST tab. If you do not have AR, AP or CB installed, some or all fields may be blank.
4. For NZ Regimes with a Provisional Type of Manual or Ratio, the Provisional tab is shown. For Ratio basis, the provisional tax is calculated. For Manual basis, you can enter the instalment value, and any voluntary payments.
5. On the Source tab you can view the source figures by module. Incorrect figures will be due to incorrect data entry. Refer to the following reports to help locate and correct errors:
   • For Invoice Basis GST, refer to the GST Code Detailed Report in the relevant module for a view by GST code, or the GST Audit Report for a list of invoices containing GST.
   • For Payments Basis GST, refer to the GST Code Detailed Report in the relevant module for a view by GST code, or the GST Payments Report in the relevant module for a view of payments allocated against invoices during the GST period.

   Note: The GST Return form cannot be edited. Adjustments must be entered as transactions from Navigator > Tasks > Goods and Services Tax > Enter Transactions.

6. You can click Adjust (Alt+A) to generate GST adjustments for Settlement discount, change of GST Rate or change of GST Basis before completing the return. You can select to transfer these to the GL. Adjustments are automatically created when the return is completed.
7. Click Complete (Alt+C). Once a GST Return is completed, the Status for the GST Return changes from Unposted to Posted. Data will be locked for the relevant transactions in AR, AP and CB.
8. We recommend you click Print (Ctrl+P) to print a copy of the form. The printed GST Return form includes actual and grossed figures. Grossed figures that differ from the actual are shown in bold. Figures are grossed up on the GST Return form to ensure adjustments are positive amounts.
9. You can click File (Alt+F) to file the return electronically using the IRD's electronic gateway. You will be prompted for your IR-file login, and there must be a matching Return available to file.
10. You can click Insert CB Payment to create a CB Transaction or Electronic payments batch for your tax due. Set up details in the Tax Regime Integration tab.