Hello, I would like to confirm whether we can adjust GST at the individual item level, as some expenses are GST-applicable while others are GST-free.

You can split an expense so that some items are, for example, N-T or FRE (e.g. stamp duty on insurance). For expenses you want to match, create a new expense as a "Paid Expense", change it from "Business" to "Split", then enter the different items (you can also do this to split business vs personal expense splits). Use the same date and total amount as the bank line item so you can auto match when you got to that bank item to categorise. Sean

Adjustable GST amount in expense tracking

4 Replies

Han-Solo
MYOB Staff
3 months ago
Hi WaterHunt,

Thanks for your post. Yes, you can update this at the Invoice level, as long as the invoice hasn’t been closed or had a payment applied. Once either of those happens, the invoice is locked and can’t be edited unless we remove the payment.

If the invoice has already been saved, just tap the edit pencil icon, head to the item section, then click the arrow next to the item you’d like to update. From there, you can change the tax code details.

If you don’t want to keep fixing this at the invoice level every time. Fair enough, that gets old fast.

Instead, you can update it at the source so it’s right everywhere going forward:

Go to More → Products & Services → three dots (top right) → Edit → Item option (Change)

Do it there once, and you’re sorted across the board 👍

Let us know if you have any questions :)

Thanks,
Hannah
WaterHunt
Member
14 days ago
Hello,

I was wondering if this is applicable to receipts? I couldn't find it
StrataGeek
Experienced User
14 days ago
You can split an expense so that some items are, for example, N-T or FRE (e.g. stamp duty on insurance).

For expenses you want to match, create a new expense as a "Paid Expense", change it from "Business" to "Split", then enter the different items (you can also do this to split business vs personal expense splits).

Use the same date and total amount as the bank line item so you can auto match when you got to that bank item to categorise.

Sean
Sigrid-Solo
MYOB Staff
14 days ago
Hey WaterHunt

The legend that is StrataGeek absolutely nailed it!

Essentially, if you've got a single receipt/transaction where the individual items have different tax codes (or some were business and some were personal), you'll need to tap "expense type" and then "split"

This will allow you to get down to the nitty-gritty details of the expense and separate line items based on category and GST.

I hope that clears things up a bit, but just holler if anything is still fuzzy! 😄

Forum Discussion

Adjustable GST amount in expense tracking

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