Why is gst not calculated on freight in Items invoice

Hi JayDee 

 

When entering invoices in AccountRight, there is the 'Freight' field available where you can enter freight charge and specify the tax code for this amount. 

 

For each invoice you can have the option 'Tax Inclusive' ticked or not, this also applies to the Freight figure entered. For example, if you have 'Tax Inclusive' unticked, set 'GST' as the tax code for the 'Freight' field, then the amount entered will be considered the tax exclusive figure, thus GST will be added on top of that. If 'Tax Inclusive' is ticked, then AccountRight will consider the freight amount including tax already.

 

I hope this helps. Please feel free to let us know how you go, and if you have any further questions.