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trippleo's avatar
trippleo
Contributing Cover User
6 years ago
Solved

Register GST only invoice

Hi There,

 

Last year we had a car accident. We were not responsible so the insurance covered the cost except the GST component as we are registered for GST. How can we register an invoice for GST only?

Thank you in advance for your help.

Cheers,

Patrik

  • Geoff_'s avatar
    Geoff_
    6 years ago

    Hi trippleo

     

    If you have bill for the GST only then when you enter the transaction you will have to enter 2 lines.

     

    Refer Ian Chaits postinghttps://community.myob.com/t5/AccountRight-Tax-and-Business/Assigning-Bank-Feed-Spending-for-GST-of-100-ie-ONLY-GST-in/m-p/549083#M9699

     

    Hope this helps

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  • Geoff_'s avatar
    Geoff_
    Ultimate Partner

    Hi trippleo

     

    When we have an insurance claim paid by an insurance Company we show the transaction as GST free as the Insurance companies does not include GST in the claim

    • trippleo's avatar
      trippleo
      Contributing Cover User

      Hi Geoff,

       

      Thank you for your quick answer. The thing is this is the invoice for the car rental. The insurance company won't pay for the GST. 

      • Geoff_'s avatar
        Geoff_
        Ultimate Partner

        Hi trippleo

         

        If you have bill for the GST only then when you enter the transaction you will have to enter 2 lines.

         

        Refer Ian Chaits postinghttps://community.myob.com/t5/AccountRight-Tax-and-Business/Assigning-Bank-Feed-Spending-for-GST-of-100-ie-ONLY-GST-in/m-p/549083#M9699

         

        Hope this helps