Bank transactions: Allocate - entry tax amount and have amount calculate from that

[BecDavis]

Hi,

I have a client who is used to using BankLink books. He has many transactions where a portion will have the tax code FRE and the other portion will be GST. Often he only has the total cash paid and the GST figure.

He was using BankLink Books, and he said in that program he could put in the GST figure and hit the * key, and it would calculate the Gross amount that was subject to GST. Then it would fill the balance of the total amount into the next line for him, where he could indicate it was GST free.

He is finding the calculation (i.e. GST figure, x 11) of the first line and then manual entry of the bottom line more time consuming than what he was doing, and he is not very happy with the product. Any suggestions or an enhancement to the software would be great!

Thank you.

"Bank Feed Transaction Processing"

[Steven_M]

Thank you for the idea. Unfortunately, this request has had no support from the community since it was submitted, so we are moving this idea to the Archived status. For more information on Idea Statuses, please read this article: Changes to our Idea Exchange pages