Hi, I am a Sole Trader bookkeeper (not registered for GST) and using MYOB Business. The only tax code option for sales is N-T. Multiple clients are asking me to change it because N-T generally means Not Reportable. My service is a reportable expense to them, and my invoices should show GST Free/GNR. All other versions of MYOB have the option to change the tax code. My husband is also using MYOB Business, is a company registered for GST, and he has all tax codes to select from. Why does it seem only non-GST registered entities are the ones without the options? Would be nice if this was updated! If it can't be, maybe remove N-T from the sales invoice template and just have the total at the bottom showing zero tax as it does now. Thank you!
Hi @Iremme23
In the setup of your sole trader ledger have you ticked the option to indicate that your business is not registered for GST? selecting this option will remove all references to GST in your accounts.
Regards,
AlanT
Hi
When doing an invoice in the tax code, enter FRE
this is the GST Free code.
If you use items, make sure the tax code is also FRE.
Ensure you are set up with NO for GST registration in business settings.
Thanks Colleen, I literally have no dropdown box to select FRE and yes, I have selected no in the GST settings. I have since had a reply from MYOB support advising it cannot be changed. Will leave it at that for now. Appreciate the replies!
