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Discover the updated GST rates in QuickBooks Online Singapore Find out more

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Rubielyn_J
QuickBooks Team

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Let me provide some information about Exceptions in QuickBooks, @nikita-opensourc.

 

When preparing GST/Tax returns, you may see a column titled Exception Amount. This column show transactions you have previously filed for, but have since changed, deleted, or even added. 

 

If it shows a difference, you can make the necessary adjustments. Before doing so, make sure to consult an accountant. This is to ensure that your books are accurate and balanced. 

 

Additionally, you can always run any customer reports to track all the data you've entered into the system. Then customise it to show specific information. For more details about personalising your statement, you may consider checking out this article: Run reports in QBO

 

Keep in touch if you have other questions about exceptions in QuickBooks. I'll be happy to help you. Have a good day!