GST amount on sales income

Nia
Nia Member Posts: 16 Novice Member Novice Member
edited October 11 in Accounts Hosted
Hi, is there any way to change the GST amount on sales income on Reckon Account Hosted? thank you.

Comments

  • Charley
    Charley Member Posts: 549 Reckon Star Reckon Star
    edited January 2020
    The GST amount is always 10%, it cannot be changed. If you have sold items that don't have GST (why?) then you need to have 2 sales items, one with the correct amount of GST and then the other as GST Free
  • Nia
    Nia Member Posts: 16 Novice Member Novice Member
    edited January 2017
    Hi Charles, thank you for your respond.

    Let me give you an example to make it easy to understand,
    For example, we just made a sales income of 14,800. on the sales invoice, it said subtotal of 13,454.5 + GST of 1,345.5 = total will be 14,800

    However, when I recorded it on reckon, it recorded as 13,454.5 + GST of 1345.45 = 14,799.95. So there will be 5 cent different on GST amount.

    So what should I do to make the amount on reckon same with the amount on the sales invoice?
    Thank you
  • Charley
    Charley Member Posts: 549 Reckon Star Reckon Star
    edited January 2020
    Use the 14,800 and tick the box at the bottom of the invoice 'amounts include GST'
  • Charley
    Charley Member Posts: 549 Reckon Star Reckon Star
    edited January 2020
    However 1/11 of 14,800 is 1,345.454545 so GST amount should be 1,345.45
  • Charley
    Charley Member Posts: 549 Reckon Star Reckon Star
    edited January 2020
    so it should be 13,454.55 with GST of 1,345.45  = 14,800
  • Nia
    Nia Member Posts: 16 Novice Member Novice Member
    edited January 2017
    thank you
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