GST Statement (report)

The GST Statement report consolidates GST posting information into a structured format based on the setup for your GST statement. Typically, businesses use the report when they file GST to calculate and report GST that's due or refundable.

You can select the GST statement name and define the start and end date to generate accurate results. The report summarises input and output GST, totals, and applies your custom statement lines and posting groups.

Use cases

Calculate and report GST that's due or refundable during tax filing by summarising input and output GST based on how you set up your custom GST statement. Select the relevant statement and period to generate accurate, structured tax reports.

Tip

Here are some tips on how to use the report:

• Prepare official GST filings for tax authorities.
• Select the correct GST statement name and reporting period so your results are accurate.
• Review the summarised GST amounts to validate input/output GST and totals.
• Align your GST statement setup with local tax authority requirements.
• Support periodic GST submission and compliance.

Accountants can use the report to:

• Validate GST postings for accurate tax reporting.
• Prepare documentation to submit to tax authorities.

Controllers can use the report to:

• Monitor GST liabilities and refunds.
• Support internal audits and compliance reviews.

Auditors might reference the report to:

• Verify the accuracy and completeness of GST entries.
• Confirm alignment with tax regulations and filing standards.

Try the report

Try the report here: GST Statement

Tip

If you hold down the CTRL key while you select the report link, the report opens on a new browser tab. In this way, you can stay on the current page while you explore the report on the other browser tab.

Related information

VAT management overview
Built-in GST reports in Business Central
Built-in key finance reports
Ad hoc analysis on finance data
Financial analytics overview

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