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Share your ideas for improving MYOB Essentials Accounting. Vote on ideas and discuss them with the MYOB product development team.

MYOB Essentials

Purchase: GST only transaction

Jeffery_Ausilk
Cover User

2Posts

12Kudos

0Solutions

2 Posts
Cover User

Currently there is no way to put importation GST into the system's expense as pure GST, I spoke to several operators, and the answer i've been getting is to create 1 line with GST and deducting the same amount in the next line GST free.  I know the end result would be the same, but wouldn't it be easier to just have a tax type of pure GST?

 

The invoice I'm trying to input is called the "Australian Customs Entry for Home Consumption" I'm sure there is other importers out there who faces the same issue trying to input this expense.

 

Please see if you can adjust the tax type to have a new tax type.

 

Thanks Jeffery Ma

 

Ausilk Pty Ltd

 

"Importation GST"

Australian Customs Entry for Home Consumption.png
Current Status: Open
Last Changed: October 2014

Thanks for the great suggestion. It is true that deferred GST on overseas purchases can't be easily added to a purchase and requires you to create two lines for the full amount (a positive line including with GST and a negative line without).

It would certainly be simpler if a 'pure GST' or 'import GST' tax code could be created so that the software can handle importation GST more easily. Anyone who would like to see this, please cast your vote here.

8 Comments
MYOB Moderator Liam_M
3,488 Posts
MYOB Moderator

Thanks for the great suggestion. It is true that deferred GST on overseas purchases can't be easily added to a purchase and requires you to create two lines for the full amount (a positive line including with GST and a negative line without).

It would certainly be simpler if a 'pure GST' or 'import GST' tax code could be created so that the software can handle importation GST more easily. Anyone who would like to see this, please cast your vote here.

Jazza42
2 Posts
Cover User

I am also struggling with this same issue,  as a sole importer its one of the things that makes me want to change away from myob sometimes

mel_nee
8 Posts
Cover User

Hi, 

Now I know you have a work around for the treatment of 100% GST, but what I'd like to acutally see the 100% GST on import function actually works.  

It'd be great to just code the transactions, select 100% GST on import and be done with it.  No mucking around entering multiple lines, chosing GST at current rates, then entering a reversing line GST exempt and having to gross up the transaction etc etc.

Why have the option to select 100% GST on import, if it doesn't work?  

Love so much about MYOB Essentials and regularly recommend it, this would just make it all the more user friendly. 

Thanks

Melanie 

 

mel_nee
8 Posts
Cover User

Totally agree, especially when the system gives  an option to select 100% and then doesn't work properly.

 

 

MYOB Moderator Steven_M
31,027 Posts
MYOB Moderator

 Hi @mel_nee

Thank you for voting for this idea and your feedback.

mel_nee
8 Posts
Cover User

Have we got any progress on this issue? 

Jeffery_Ausilk
2 Posts
Cover User

Its been almost 20 months since i initially raised this issue, but MYOB is slow at making changes to their system, they have 0% GST,  10% GST and several other Tax options, how hard is it to add an 100% GST for importers?

Partner copes
6 Posts
Partner

I'm trying to use the 100% GST option for the first time and it keeps halving the amount I've entered to calculate the GST content. It's got me confused..