Report: Profit & Loss - Show tax inclusive values
I personally don't agree with it. As I've worked in the accounting industry all my life and I know why management reporting and everything is given ex-GST but I've had a few clients come to me with the request to have reports inclusive of GST and they say it will help with cashflow forecasting for themselves in real dollars as opposed to "ex-GST" dollars. So the main reports I'm looking at are the Profit & Loss reports and the Job Profit & Loss Reports at the moment.. But I'm sure other people might find other reasons for them. "GST Inclusive Reports"
Report: Job Transactions [Accrual] - Include Tax amounts
Isit possible to produce a job transaction report that includes the GST in the Debit and Credit amounts. This is needed when customers require a report on the expenses and payment that have been incurred on their job. It would alsohelps with our budgeting. Some of the transaction have GST and some transactions relate to exports and other GST free transactions so it is difficult to get an accurate picture of the current situation. "Report - Job transaction including GST'