I need to use a tax code N-T but it doesn;t appear in my reckon tax code list - how do I set this u

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Sylvia Johnston
Sylvia Johnston Member Posts: 30 ✭✭
edited June 2020 in Reckon Accounts (Desktop)
I need to use a tax code N-T but it doesn;t appear in my reckon tax code list - how do I set this up. I know where to go, just not sure what other bits ioptions I should select

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  • Kris_Williams
    Kris_Williams Member Posts: 3,307 Reckon Accounts Hosted Expert Reckon Accounts Hosted Expert
    edited May 2020
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    What is the code for?
  • Sylvia Johnston
    Sylvia Johnston Member Posts: 30 ✭✭
    edited May 2020
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    Hi Kris, we have received a government grant which we need to enter in as non reportable. I know where to set this up as it doesn;t appear in my list but I am not sure what option to pick on the below pick list
    Purchase Tax Item
    Sales Tax Item
    Many thanks


  • David Elliott
    David Elliott Member Posts: 25 ✭
    edited May 2020
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    Hi Sylvia:
    On my Reckon Accounts Enterprise (& Premier) the way to add a Tax Code is:
    Go to:   Lists > Tax Code List > Tax Code > New - complete fields - OK.
    As to Purchase/Sales Tax Item: Because the grant is revenue, I would select 'Sales'  'N-T'.
    Let me know how you go.
  • Linda ABC
    Linda ABC Accredited Partner Posts: 1,131 Accredited Partner Accredited Partner
    edited June 2020
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    Sylvia, Reckon is not like MYOB, which is where you would have seen a code of N-T before... just leave the code field blank...its not reportable so doesn't need to be on the reports you run for BAS.
  • Sylvia Johnston
    Sylvia Johnston Member Posts: 30 ✭✭
    edited May 2020
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    Many thanks David and Linda - I will try both!

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