How do I download bank statements from my bank?
For steps on how to download transactions from most NZ banks, see the Downloading Bank Statements page.
Why don’t the balance sheet category amounts show up on the graph?
The Graph only shows items that contribute to your profit.
Why is my bank balance incorrect?
An incorrect bank balance happens because the data hasn’t been reconciled to the bank correctly. It is up to you to check that the opening balance is correct and that the bank balance is correct after each bank statement import (or after entering any transactions manually).
How do I handle GST paid to customs?
You should enter any GST paid to customs as a transaction in the cashbook with a GST rate of 100%. It doesn’t matter whether you enter this as one line in the cashbook, or whether it’s part of a “split” transaction.
Why doesn’t my GST Return match the Cashbook? (NZ only)
You could have your GST Return type set to “Invoice Basis”. This means that it will use the date of the Invoice rather than the date in the cashbook. We recommend that where possible companies use “Payments Basis” because it is a lot easier to use