Changing GST Clearing Account opening balance

Hoow do I change the GST Clearing Account opening balance?

Note: The opening balance for the GST clearing account should only be changed if you have not done a BAAS for the current financial year.

• If you are running your business on an Accrual basis
  1. Click on the Setup/Opening Balances/Assets and Liabilities menu option
  2. If you have received a refund, put the refund amount from the last quarter in the assets column, for account you are using foor the GST clearing account e.g. GSTC
  3. If you need to make a payment, put the amount into liabilities column
• If you are running your business on a Cash basis
  1. Click on the BAS tool-bar option or click on the GST/Setup menu option.
  2. Select the Setup tab
  3. If you have received a refund, enter the amount into the opening balance item as a negative amount.
  4. If you need to make a payment, enter the amount into the opening balance item as a positive amount.