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 an...
Not sure why... almost 3 years later, that this still hasn't yet been put into place.
It's essential for micro business as often second hand assets are purchased from Non GST registered suppliers, family friends etc. But even small business use it in cases where they acquire assets from another business as a going concern (which in this time there is a lot of).
If you need more examples of where this is useful, required, necessary.. please don't hesitate to contact me directly.
Regards
Jason