Edit GST amount
I go to Woolworths and buy Gel Pens for the office and Milk for the tea room. There is GST on the Gel Pens but not on the Milk. It is easy to enter these amounts separately with GST and FRE as tax...
Forum Discussion
Hi Mlihou57
In the situation you have described, I look at the amount of GST shown on your invoice that is included in the total and multiply that by 11 and enter this amount (GST inclusive) with the GST tax code.
The balance of the amount is recorded with the FRE (or N-T as the case may be) GST code.
This is the accepted accounting method for this situation. Trying to simply edit the GST amount is not the preferred method.
Hope that helps.
Regards,
AlanT
