Inventory item - Standard cost
Greetings,
When creating a new item, under Buying Details tab, there is a text box called Standard Cost.
I am puzzled why Myob advises dollar value entered under Standard Cost must include tax. So for example, my cost price is $2.50 ex tax for a widget. So it means I must enter $2.75 incl tax.
I have selected GST (goods & services tax) from the drop down box called Tax Code When Bought.
Hope to get some clarification, thanks.
Regards.
Hi mpauly
All exports are text files, either tab delimited or CSV based on your choice. If not sure how to open these in excel, do an internet search, I'm sure you will find some posts that are easy to follow.
An export includes all records, there is a column for Inactive. Sort in excel to isolate what you need, for example sort all to find the Active ones only, then sort those to find where TPAR has been selected.
Regards
Gavin