How to pay a Sales Tax invoice?

[Maf. King]

On Wednesday, 1 February 2017 06:16:58 GMT Nelson Handcock wrote:
> Hi,
> 
> There is more GST on stock purchased than GST charged to my customers, so I
> owe the ATO. The account balances show:
> 
> Liabilities:GST -494.30 (parent account - balance calculated)
> Liabilities:GST:GST on Stock Purchased -1277.13
> Liabilities:GST:GST on Sales 782.83
> Liabilities:GST BAS Payments
> 

Hi Nelson,

the way I read these figures, I think the tax due is actually a refund to you.  
So you should end up transferring money into your bank account...

HTH,
Maf.