Overview
When posting a journal to the 85000 - Income Tax Payable/Refundable account, you may be unable to a select Financial Year from the drop down menu under the Tax Instalment Details section:
Solution
This could be due to the following:
Incorrect date format
Entering the transaction date in the format:
- 30/06/17
instead of:
- 30/06/2017
- 30062017
- 300617
in the Transaction Date field
Re-enter the transaction using one of the listed formats above to allow the financial year to be selected in the Tax Instalment details section.
Processing a fund for a financial year prior to 2013
Only funds in the 2013 year onwards can be processed in Simple Fund 360.
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