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code for GST on expenses not claimed.

Goat22
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code for GST on expenses not claimed.

Hi 

 

When entering food/drink as an expense, we don't claim GST back for this, yet it shows up in my GST report and GST return reports.  Should this be coded to N-T as we do not claim the GST back? 

 

Thanks. 

1 REPLY 1
jenniek
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New Zealand
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Re: code for GST on expenses not claimed.

Hi @Goat22 

You would need to go back into those transactions and change the GST to N-T or E. Then re-run the report for GST.

You should set the default GST code for that account to N-T or E in the accounts list, so it doens't default to S15.

Regards,
Jennie Kingma
JK Business Systems Ltd, Hamilton, NZ
Email: jennie@jkbusiness.co.nz

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