autobook
13 years agoExperienced Cover User
Status:
Done
Tax types: Include CAN (GST-Free Capital Acquisitions)
When I first began using LiveAccounts, I found it very frustrating to work with such a limited list of Tax Codes. I have since accepted that LiveAccounts is meant as a basic level accounting tool and in that regard I think it is great and am liking it more each time I use it. But the one tax code that really needs to be included is CAN (Capital Acquisitions Non-GST). This would make the preparation of BAS (inclusion at G11 and G14) far simpler, as well as reporting for the benefits of the accountant for financial statements.
Cheers... Nick
"Tax Code for GST-Free Capital Acquisitions"