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GST refund? It went from DR to CR?

Newbie

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Replies 1

hi there, 

Just a question, my account says the following: 

 

Original activity statement, lodged 4th May, processing date 14th May,  XXXX CREDIT

but underneath it, it says 

EFT Refund of GST, lodged 4th of May, processing date 12th of May XXXX DR 

 

why is the credit date 2 days after the EFT refund ? Does that mean my refund will not go through on the 12th? very confused 

1 ACCEPTED SOLUTION

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Most helpful response

ATO Certified Response

ATO Community Support

Replies 0

Hi @Dentista123

 

That just means our system may have processed your refund amount prior to fully finalising your lodgement. Although it says processed on the 12th, this would likely be refunded after the full activity statement has been finalised. Feel free to keep an eye on your account for any further changes or issues. Hopefully there shouldn't be any delays in processing that refund for you.

 

Sorry for the confusion with that one. Let us know if you have any questions. 

1 REPLY 1

Most helpful response

ATO Certified Response

ATO Community Support

Replies 0

Hi @Dentista123

 

That just means our system may have processed your refund amount prior to fully finalising your lodgement. Although it says processed on the 12th, this would likely be refunded after the full activity statement has been finalised. Feel free to keep an eye on your account for any further changes or issues. Hopefully there shouldn't be any delays in processing that refund for you.

 

Sorry for the confusion with that one. Let us know if you have any questions.