+ GST on item Number

CGardening

Hi,

I am new to Reckon One.

How do I set up my invoice so it adds GST, not includes the GST in the amount in the item amount.

I would like to type the Item Price of $500, and then system knows to add 10% GST, making the amount $550.

klaura

Hi CGardening,

You can configure your Reckon One invoice to add GST separately by doing the following steps:

Settings › Tax settings › General

If you do not want the quantities to include tax checked on every new invoice you create, choose Net under the Sales figures section; if you do, select Gross.

Ensure that the appropriate tax code is selected for each of your items during setup.

You can also follow this KB for more information:

Entering Gross Amounts (Tax inclusive) or Net Amounts (Tax exclusive) in your transactions. - Reckon Help and Support Centre

Best regards,

Karren