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fuzzzz1's avatar
fuzzzz1
Contributing Cover User
3 years ago

Entering starting inventory in a new account with EX GST prices

HI I have sold my business. I am assisting the buyer to add my inventory into his MYOB Both using Accountright Live We have exported my inventory and imported it into his   Now we have to do an...
SamaraM's avatar
SamaraM
Former Staff
3 years ago

Hi Chris (fuzzzz1)

 

Thank you for your post. When you create the Item, you can choose the tax or GST code. This is done in the Tax Code When Sold field under the Selling Details tab, and the Tax Code When Bought field under the Buying Details tab.

 

After creating the items and setting those as GST Free then you can enter the opening values for on-hand inventory.


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