Forum Discussion

Liam0281's avatar
3 months ago

Invoice template and TAX

Hello.

We are a winery and I am trying to set up an invoice template to show the actual tax amount. The Wine industry is unique where we need to charge WET tax (29%) and then GST (12.9%). I have changed the tax codes to a consolidated tax code, however when I ask for GST to be calculated, the amount always comes up as the full tax amount including WET tax. 

Can someone help with setting up an invoice to have the correct tax applied?

Many thanks.

1 Reply

  • Isaiah_C's avatar
    Isaiah_C
    MYOB Moderator
    3 months ago

    Hi Liam0281,

     

    Setting up invoices for WET and GST can be a bit tricky, but this guide should help you get it sorted: Wine production and sales.

     

    If you need further help, it's best to reach out to our live chat support through our virtual assistant MOCA or submit a case via MyAccount.

     

    Regards,

    Sai