GST Just Got an Upgrade
Hi Solmates! A new Solo feature has just been released. Make sure you’re on the latest version to give the new feature a spin 🚀 You might’ve spotted a little teaser from us on the “Share Your Ideas” board about some shiny new updates to how Solmates manage GST settings in Solo. Well… the wait is over. We’ve been testing these new features with a small number of Solmates, and now we’re very excited to confirm it’s showtime! As of today (Monday 17 November), you’ll now be able to choose whether GST is included in your item price, or added on top. The old setup When we launched saved items earlier this year, they were limited to being entered as GST exclusive. What’s new and improved Now, you’ll be able to mix and match your item pricing as you prefer, and these prices will carry forward to the invoice and display using your Include GST/Add GST preference! Just a quick heads-up: invoices follow whatever GST preference you’ve set at the moment you create them. So if you jump into an invoice before updating your GST settings, you’ll need to adjust it yourself or start a new one once your preference is set. Come learn how it works Keep an eye out for a fresh post on our Learn board, it’s a full walkthrough with step-by-step examples, whether you’re brand-new to Solo (or GST!) or already rocking saved items. We also have our full Help articles available here.47Views0likes0Comments1st GST return
Question re GST return for Oct/Nov 24 period. We finished using our previous accounting software end Oct 24, so our MYOB data only starts from Nov 24. I'm trying to assemble a GST return for Oct/Nov 24, but MYOB does not have data for Oct 24. How do I add GST data from Oct 24 into the return for GST return for Oct/Nov 24? Thanks.Solved96Views0likes3CommentsGST included for Categorisation Template
Hi, When creating a Categorisation Template for allocating Bank Transactions, is there a way to have the dollar amount entered in the template INCLUDE GST, rather than EXCLUDE it? Currently it excludes, so I have to add GST when entering the dollar amounts. Thanks. (based in NZ)Solved92Views0likes3CommentsTax Codes in Charts of accounts
Hello everyone, I been using MYOB for a Year or so Now. When I have started my business in last FY, I was not registered with GST. So, I left everything as N-T in Tax Codes and charts of accounts. In this FY, I was not expecting income to go over $75K thresold till end of december 2022. So, I left it as it is. But Now, From 01-01-2023, I have registered for GST as I am expecting it to go over $75K. So, i have changed my settings to YES for GST. Now, the problem is, As shown in the picture attached, in the Charts of accounts, How I should decide that, in which accounts I have to keep tax codes as N-T and in which accounts I have to change to GST..? or should I have to change all accounts tax codes to GST in the charts of accounts..?? Please provide as much details as possible. I like to learn to earn more effectively.Import Invoices $115.01
Hi Looking for help importing customer Invoices. If the value of Invoice importing is $115.00 - MYOB is importing value as $115.01. Causes pain when customer has their Invoice for $115.00 and paying $115.00 The import fields dont care what vales are in columns GST, GST AMOUNT, INCLUSIVE. Just treats amount as GST Exclusive! MYOB can't help - have tried many ways - hopefully someone can help. Before Covid as not an issue - unsure why it is doing now. Help please otherwise will have to change software......Thank you all who answer - appreciate very much.544Views0likes2CommentsSince the last update Supplier invoice is not recognising the supplier preferred GST code
Since the last update the when I've been entering Supplier invoices the system has NOT been recognising the suppliers tax code. I've checked in the 'Buying Details' tab for the supplier and irrespective of which tax code is listed and the preference of 'Use Supplier's Tax Code' is ticked, it is defaulting to the expense account tax code. Is anybody else having this issue or just me?Solved953Views0likes6Comments