Forum Discussion

Andy11's avatar
Andy11
Contributing User
2 months ago

GST inclusive pricing calculation

If I quote a client (for instance) $5000 inc GST, do I need to manually calculate the GST component for the quote (e.g. $4545.45)?!

I would expect to be able to have the option for the software to take out the GST component based on an 'inclusive' quote.  I thought it was the case, but maybe I've missed something.

Thanks, Andy

5 Replies

  • Hi, this is an embarrassing problem to have created.  Trying to invoice an item for $28,000inc GST resulted in having to enter 25454.45 which embarrassingly rounds down to $27,999.99  now I look like a fool who should have continued to use xero

  • Hey Andy11​ Great question! Here’s the lowdown: we had heaps of Solmates asking for GST exclusive pricing, so our amazing devs rolled it out 💪 But we didn’t anticipate how many of you were loving GST inclusive! So the product team’s now cooking up a way to support both.
    Need a hand working out your GST exclusive prices? Just shout! 

  • Andy11's avatar
    Andy11
    Contributing User
    2 months ago

    when is the fix due to be rolled out?

    it seems like it must have an oversight.

    cheers

  • Hey Andy11​ totally get how this might seem like an oversight but fun fact: this one was actually one of our most requested features! That said, we’ve heard loud and clear that more flexibility would be super helpful, so our product team’s already working on options to give Solmates the best of both worlds. We don’t have a release date just yet, but it’s on the radar 👀

  • Andy11's avatar
    Andy11
    Contributing User
    2 months ago

    a new feature doesn’t imply that you need to remove another feature. 

    anyway. thanks for the reply. hope this oversight is fixed soon.