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.
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
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